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Payments with periodic rates Denise has her heart set on being a millionaire. Denise has her...

Payments with periodic rates

Denise has her heart set on being a millionaire. Denise has her heart set on being a millionaire quarter over the coming 39 years at 8% APR to reach her retirement goal of $1.2 million?

What quarterly payment does Denise need to make to reach her retirement​ goal?

​$______  (Round to the nearest​ cent.)

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