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XI Property Ltd. wants to accumulate $ 250,000 for a new project planned to begin in five years. The companys investment account earns 6% compounded

XI Property Ltd. wants to accumulate $ 250,000 for a new project planned to begin in five years. The companys investment account earns 6% compounded quarterly. How much will the company need to deposit to at the end of each quarter for the next five years in order to fund the new project?

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