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N An investor needs $16,000 in 19 years. (a) What amount should be deposited in a fund at the end of each quarter at 7%

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An investor needs $16,000 in 19 years. (a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough money in the fund? (b) Find the investor's quarterly deposit if the money is deposited at 4.7% compounded quarterly. (a) The deposit should be $ (Round to the nearest cent as needed.)

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