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Meg's pension plan is an annuity with a guaranteed return of 5% per year (compounded quarterly). She would like to retire with a pension of

Meg's pension plan is an annuity with a guaranteed return of5%per year (compounded quarterly). She would like to retire with a pension of$10,000per quarter for25 years. If she works45years before retiring, how much money must she and her employer deposit each quarter? (Round your answer to the nearest cent.)

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