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After enduring a grueling year at Uncle Grant's accounting firm, Ethan finally decides to pursue his dream of buying a charter fishing boat. His ideal
After enduring a grueling year at Uncle Grant's accounting firm, Ethan finally decides to pursue his dream of buying a charter fishing boat. His ideal boat, a 32-foot Boston Whaler, is estimated to cost $300,000 and he decides to make a deposit every quarter for the next 10 years in hopes to set sail in 2030. Assuming an 8% return, what amount will he need to deposit each quarter in order to be able to buy his dream boat? 0 $1,158.03 O $20.708.22 0 $4.966.72 $10.966.92
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