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Starting three months after her grandson Robin's birth, Mrs. Devine made deposits of $85 into a trust fund every three months until Robin was eighteen

Starting

three months

after her grandson Robin's birth, Mrs. Devine made deposits of

$85

into a trust fund every

three months

until Robin was

eighteen

years old. The trust fund provides for equal withdrawals at the end of each

quarter

for

four

years, beginning

three months

after the last deposit. If interest is

5.78%

compounded

quarterly,

how much will Robin receive every

three months?

Robin will receive

$nothing.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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