Question: Please solve this (4 marks) Carly would like to make an investment today that pays her monthly payments of $150 at the beginning of the

Please solve this

(4 marks) Carly would like to make an investment today that pays her monthly payments of $150 at the beginning of the month. She would like the first payment to begin in exactly 8 years from today and the payments continue monthly forever. If the investment pays 6.56% p.a. compounded quarterly, how much would she need to invest today

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