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It is now January 1. You plan to make a total of 14 deposits of$8,000 each, one every 3 months with the first payment being

It is now January 1. You plan to make a total of 14 deposits of$8,000 each, one every 3 months with the first payment being madetoday. The bank pays a nominal interest rate of 9% but usesquarterly 2 answers

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