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What constant amount must be deposited on January 1st, April 1st, July 1st, and October 1st each year for 5 years to accumulate $10,000 at
What constant amount must be deposited on January 1st, April 1st, July 1st, and October 1st each year for 5 years to accumulate $10,000 at the end of 5 years if the effective annual interest rate is 7%? NOTE: PLEASE SHOW WORK! DON'T USE EXCEL!
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