You are a marketing executive at a Boston based Marketing corporation. A client has come to you and said they would like to take on a marketing project if it will EFFECTIVELY earn them 10.00% per year. The project you proposed will cost $100,000 today and $20,000 next year (one year from today). The project will bring in equal cash flows starting next quarter, with the last cash flow anticipated to come in 8 years from today. How much do these cash flows need to be each quarter so that the client earns that EFFECTIVE 10% rate per year?