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Chris intends to retire in 7 years. To supplement his pension he would like to receive $900 every three months for 13 years. If he
Chris intends to retire in 7 years. To supplement his pension he would like to receive $900 every three months for 13 years. If he is to receive the first payment three months after his retirement and interest is 5.2% p.a. compounded quarterly, how much must he invest today to achieve his goal?
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