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QUESTION 5 Ally opens an account that earns an annual interest of 4.5% compounded quarterly in order to save enough to purchase a vehicle when

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QUESTION 5 Ally opens an account that earns an annual interest of 4.5% compounded quarterly in order to save enough to purchase a vehicle when she graduates. How much would she need to deposit each quarter in order for her to have $5,000 in the account in four years? (Round your answers to the nearest cent.)

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