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You own a small machine shop. You would like to save $ 1 8 0 , 0 0 0 to buy some new equipment two

You own a small machine shop. You would like to save $180,000 to buy some new equipment two years from now. The plan is to set aside an equal amount of money each quarter, starting today. You can ear a 5.3% rate of return. How much does the firm have to save each quarter to achieve this goal?a.$20.637.04b. $20,709.18$20,711.14 d. $21.196.31e. $21,477.16

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