Question: Your pension plan is an annuity with a guaranteed return of 4% per year compounded quarterly. You would like to retire with a pension of

Your pension plan is an annuity with a guaranteed return of 4% per year compounded quarterly. You would like to retire with a pension of 10,000 per quarter for 25 years. If she works 41 years before retiring, how much money must she and her employer deposit each quarter?

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