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Bob and Joy Salkind want to save $50,000 in 51 years for home improvement projects. If the 2 Bank of Aventura is paying 8% interest

Bob and Joy Salkind want to save $50,000 in 51 years for home improvement projects. If the 2 Bank of Aventura is paying 8% interest compounded quarterly, how much must they deposit now to have the money for the project?

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