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Ivanhoe Inc. wishes to accumulate $ 1 , 1 4 4 , 0 0 0 by December 3 1 , 2 0 3 5 ,
Ivanhoe Inc. wishes to accumulate $ by December to retire bonds outstanding. The company deposits $ on December which will earn interest at compounded quarterly, to help in the retirement of this debt. In addition, the company wants to know how much should be deposited at the end of each quarter for years to ensure that $ is available at the end of The quarterly deposits will also earn at a rate of compounded quarterly.Round factor values to decimal places, eg and final answer to decimal places, eg
Annuity of value of quarterly deposits $
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