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Evelyn has a goal of accumulating $3,600 in her savings account by making quarterly deposits of $150 for N quarters plus a slightly larger deposit
Evelyn has a goal of accumulating $3,600 in her savings account by making quarterly deposits of $150 for N quarters plus a slightly larger deposit of Xat time N+1 quarters. Her savings account earns i(4) = 7.1% - Find N (integer) Number Find X(nearest cent) Number At the time of the 14-th deposit, Evelyn decides to make an extra deposit amount of $120. Recalculate the final deposit required at time N+1 to reach her goal of $3,600. Number
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