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You would like to buy a new fridge that costs $ 2 6 0 6 today. You want to finance that purchase at an interest

You would like to buy a new fridge that costs $2606 today. You want to finance that purchase at an interest rate of 16.00%(APR, quarterly compounded) with equal quarterly payments. The first payment is due in one quarter (at t=1) and the last payment is due in eight quarters (at t=8)--a total of 8 quarterly payments. What would be your equal quarterly payments if you decide to buy this fridge?
[Answer: Number with 1 decimal. Do not include '$' or the thousands separator.]

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