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Kay wants to have an annuity payment of $2,000 at the END of every three months. How much should she deposit now at 6% interest,
Kay wants to have an annuity payment of $2,000 at the END of every three months. How much should she deposit now at 6% interest, compounded quarterly, to yield this payment for 3 years? (Use Table 12-2 in your text)
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