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Cody deposits $152.00 every month into his son's RESP for the next seventeen years until his son goes to college. Cody's son will receive quarterly
Cody deposits $152.00 every month into his son's RESP for the next seventeen years until his son goes to college. Cody's son will receive quarterly payments from the RESP for the four years he is in college. If the RESP earns interest at a rate of 5.90% compounded monthly,find the size of the quarterly payments Cody's son will receive.
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