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Koala Mud plans to move to Seoul 10 years later from the current location. To prepare the estimated budget of $300 MM, it makes an

Koala Mud plans to move to Seoul 10 years later from the current location. To prepare the estimated budget of $300 MM, it makes an agreement to deposit equal quarterly payment in Hannam Bank which promises a 3.5% of interest rate. Calculate the quarterly payment.

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