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You want to receive $450 at the end of every three months for 4 years. Interest is 8.2% compounded quarterly. a) How much would you

You want to receive $450 at the end of every three months for 4 years. Interest is 8.2% compounded quarterly.

a) How much would you have to deposit at the beginning of the 4-year period?

b) How much of what you receive will be interest?

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