Question: Problem 2. We need to accumulate $3200 at the end of 4 years. If we make a payment every quarter, and the interest rate is

 Problem 2. We need to accumulate $3200 at the end of

Problem 2. We need to accumulate $3200 at the end of 4 years. If we make a payment every quarter, and the interest rate is 3%/year compounded quarterly, find the amount of the periodic payment

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