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Question 10 (1 point) Mike plans to make quarterly contributions to his retirement account for 10 years. After the last contribution, he will start withdrawing

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Question 10 (1 point) Mike plans to make quarterly contributions to his retirement account for 10 years. After the last contribution, he will start withdrawing $9,000 a quarter for 15 years. Assuming Mike's account has an annual rate of 8.5% compounded quarterly, how large must his quarterly contributions be during the first 10 years, in order to accomplish his goal? Round your answer to two decimal places. Do not include the $ sign in your answer. Your

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