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Sean is planning to go on a Europe vacation to celebrate Leanne's retirement 6 years from now. The estimated expense for the couple is $100,000.

Sean is planning to go on a Europe vacation to celebrate Leanne's retirement 6 years from now. The estimated expense for the couple is $100,000. If he can earn 4% compounded quarterly, how much will he need to invest now so that he receives $100,000 after six years? 

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