[Solved] What sum of money must be deposited in a

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What sum of money must be deposited in a trust fund to provide a scholarship of $1520.00, payable at the beginning of each 3 months,

What sum of money must be deposited in a trust fund to provide a scholarship of $1520.00, payable at the beginning of each 3 months, if interest is 6.72% compounded quarterly?

Two decimal places

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