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Your best friend William needs $275,750 in 10 years. How much should he invest on a quarterly basis at (10%,4) to be able to meet
Your best friend William needs $275,750 in 10 years. How much should he invest on a quarterly basis at (10%,4) to be able to meet his needs?
Prof gave us the answer is $4,091.09 and I am not sure how they got this. When I did it, I got 105,598.78 and it was wrong.
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