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My idea for selling electronic kits paid off and the Bentley in the KPU parkade is mine. Dont scratch it! KPU students helped me a

My idea for selling electronic kits paid off and the Bentley in the KPU parkade is mine. Dont scratch it! KPU students helped me a lot so I want to set up a scholarship for a BUQU 1130 student to receive $150 a quarter at the beginning of each quarter. Interest is 7% compounded quarterly. How much do I need to invest? Round up to two decimal places.

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