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Natalia makes deposits in an account earning 6 % annual effective at the beginning of each quarter for 1 5 years. Each quarterly deposit in

Natalia makes deposits in an account earning 6% annual effective at the beginning of each quarter for 15 years. Each quarterly
deposit in the first year is 200. Each quarterly deposit in the second year is 200+P, and the quarterly deposits in each year continue
to increase by P for the 15 year period.
At the end of 15 years, Natalia will purchase a 20 year annuity that makes continuous payments at a rate of 1,200 per year for the first
10 years and 1,900 per year for the second 10 years. The interest rate on the continuous annuity is 4% annual effective.
Calculate P.
1.97
2.15
2.58
2.76
2.95
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