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You have 6 years to collect 8 million. ISK You deposit every other year into a bank account that gives 8.75% unindexed interest per year.

You have 6 years to collect 8 million. ISK You deposit every other year into a bank account that gives 8.75% unindexed interest per year. You deposit the first payment immediately and deposit four times in total. How much do you need to deposit every other year if you always deposit the same amount?

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