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Tgw4 bh94mcF HW#9: Section 3.5 Page 4 of 8 FM025103fr Mike Prudent wishes to receive a $300 payment each quarter for 5 years. His account

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Tgw4 bh94mcF HW#9: Section 3.5 Page 4 of 8 FM025103fr Mike Prudent wishes to receive a $300 payment each quarter for 5 years. His account earns 12% compounded quarterly. (a) What single deposit in Mike's account today will guarantee Clear the payments? (b) Find the total amount that Mike receives. (c) How much interest does Mike earn? (Enter the answer by rounding the exponent up to 2 decimal places.) (a) [ SS591.06 (c 1908.94 | (b)[ 57500 Incorrect

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