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Rita wants to save money to buy a motorcyde. She invests in an ordinary annuity that carns 5.4% interest, compounded quarterly. Payments will be made

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Rita wants to save money to buy a motorcyde. She invests in an ordinary annuity that carns 5.4% interest, compounded quarterly. Payments will be made at the end of each quarter How much money will she need to pay into the annuity each quarter for the annuity to have a total value of $ 7000 after 5 years? Do not round intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas sD

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