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How much will need to be invested at the beginning of each quarter at 4.7% compounded quarterly, to pay off a debt of $37,000.00 in

How much will need to be invested at the beginning of each quarter at 4.7% compounded quarterly, to pay off a debt of $37,000.00 in 8 years? The quarterly payments are $__________. (Round to 2 decimal places.)

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