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barklay has $782,490 in his retirement saving plan and he wants to start receiving income at the end of every three months for the next
barklay has $782,490 in his retirement saving plan and he wants to start receiving income at the end of every three months for the next 22 years. the funds earn 7% compounded quarterly and he wants each payment that he receives to be 1.5% larger than the previous one. how much will the first payment be three months from now
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