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Sarar is setting up a fund to help his grandson's college education. SHe wants her grandson to be able to withdraw $3000 every 3 months

Sarar is setting up a fund to help his grandson's college education. SHe wants her grandson to be able to withdraw $3000 every 3 months for 3 years after he starts college. His first withdrawal will be 5 and a half years from now. If the fund can earn 7.2% compounded quarterly, what single amount contributed today will provide for the withdrawal?

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