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In order to have 10 million at the end of 5 years for the purchase of his dream house, what equal deposits should be placed

In order to have 10 million at the end of 5 years for the purchase of his dream house, what equal deposits should be placed by Simon in a fund at the end of each 3 months, if the fund is invested at 8% compounded quarterly?

Group of answer choices

None of the Above

500,000.00

218,522.09

411,567.18

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