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Mr. and Mrs. Good purchased a ski chalet for $310487. They paid $16001 down and agreed to make equal payments at the end of every
Mr. and Mrs. Good purchased a ski chalet for $310487. They paid $16001 down and agreed to make equal payments at the end of every three months for 14 years. Interest is 4.79% compounded quarterly.
Compute the equal quarterly payment.
Round your answer to 2 decimal places. Do not enter the dollar sign. Sample input: 124.34
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