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Exercise 7 A couple wants to save $200000 to buy some land. They can save $3500 each quarter-year in a bank account paying j4=9%. How

Exercise 7 A couple wants to save $200000 to buy some land. They can save $3500 each quarter-year in a bank account paying j4=9%. How many years (to the nearest quarter) will it take them and what is the size of the final deposit? 6 points

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