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One year from today, you must make a payment of 500.000TL. To prepare for this payment, you plan to make 2 equal quarterly deposits, in
One year from today, you must make a payment of 500.000TL. To prepare for this payment, you plan to make 2 equal quarterly deposits, in 3 and 6 months, in a bank account that pays 28 percent interest, compounded quarterly. How large must each of the payments be
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