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please shiw work! How much must you deposit in an account today so that you have a balance of $ 8,405 at the end of

please shiw work! image text in transcribed
How much must you deposit in an account today so that you have a balance of $ 8,405 at the end of 6 years if interest on the account is 14 % p.a., but with quarterly compounding? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign)

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