Question: To save approximately $54,000 for a down payment on a condo in 6 years from today, what amount needs to be invested at the at

To save approximately $54,000 for a down payment on a condo in 6 years from today, what amount needs to be invested at the at the end of each month in a fund that earns 4.2% compounded quarterly? Round your answer to 2 decimal places.

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