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What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $2,500 at the beginning of each quarter for 8 years,

What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $2,500 at the beginning of each quarter for 8 years, if the RRIF earns 5.25% compounded monthly? Round to the nearest cent

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