Question: Help Save & Exit Submit Apex Fabricating wants to accumulate $803,000 for an expansion expected to begin in four years. If today Apex makes

Help Save & Exit Submit Apex Fabricating wants to accumulate $803,000 for

Help Save & Exit Submit Apex Fabricating wants to accumulate $803,000 for an expansion expected to begin in four years. If today Apex makes the first of equal quarterly payments into a fund earning 6.90% compounded monthly, what should the size of these payments be? (Do not round intermediate calculations and round your final answer to 2 decimal places.) The quarterly payments $

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