How much must be deposited at the beginning of each quarter

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Question: Construction fund A company wants to have $250,000 available in 4½ years for new construction. How much must be deposited at the beginning of each quarter to reach this goal if the investment earns 10.2%, compounded quarterly? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131785303

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