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Uptown industries just decided to save 300,000 dollars a quarter for the next three years. The APR is 4% paid quarterly. If the company had

Uptown industries just decided to save 300,000 dollars a quarter for the next three years. The APR is 4% paid quarterly. If the company had wanted to deposit one lump sum today rather than make quarterly deposits, How much would it have to deposit today to have the same amount saved at the end of the three years?

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