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I would like to retire with a total of $500,000. I will make payments at the end of each quarter into an account earning 8.0
I would like to retire with a total of $500,000. I will make payments at the end of each quarter into an account earning 8.0 % interest per year, compounded quarterly for the next 18 years in order to accumulate the desired amount. What size payments should be made? (Round to the dollar and do not include the $ sign in your answer just give the number only)
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