Question: 3. A small business is saving money to replace a copy machine. They need $8,000 at the end of 3 years. How much should

3. A small business is saving money to replace a copy machine.

3. A small business is saving money to replace a copy machine. They need $8,000 at the end of 3 years. How much should they invest each quarter if the account pays 3.18% compounded quarterly?

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