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Your father started his own business 50 years ago. He opened a savings account at the end of his third month of business and contributed
Your father started his own business 50 years ago. He opened a savings account at the end of his third month of business and contributed $x. Every three months since then he faithfully saved another $x. His savings account has paid an annual average interest rate of 4 percent. Today, his account is valued at $268,430.76. How much did your father save every three months?
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