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Red Wind is a tech consulting firm that wants to save R750 000 to buy some new equipment six years from now. The plan is

Red Wind is a tech consulting firm that wants to save R750 000 to buy some new equipment six years from now. The plan is to set aside an equal amount of money on the first day of each quarter, starting today. The company can earn 5% on its savings. How much does the company have to save each quarter to achieve its goal?

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