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Scott deposits: ( a ) $ 1 at the beginning of each quarter in year 1 . ( b ) $ 2 at the beginning
Scott deposits:a $ at the beginning of each quarter in year b $ at the beginning of each quarter in year c $ at the beginning of each quarter in year One quarter after the last deposit, Scott withdraws the accumulated value ofthe fund and uses it to buy a perpetuityimmediate with level of paymentsof X at the end of each year. All calculation assume a nominal interest rateof per annum compounded quarterly. Calculate X
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