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How much must be deposited at the beginning of every 4 months in an account that pays 3% compounded every 4 months, so that the
How much must be deposited at the beginning of every 4 months in an account that pays 3% compounded every 4 months, so that the account will contain $23,000.00 at the end of 7 years? The every 4 months payments are $ (Round to 2 decimal places.)
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