Question: Dr. J. wants to buy an IBM personal computer which will cost $1,788 two years from today. He would like to set aside an equal

Dr. J. wants to buy an IBM personal computer which will cost $1,788 two years from today. He would like to set aside an equal amount at the end of each quarter in order to accumulate the amount needed. He can earn 12% annual return. How much should he set aside?

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