Jones is planning for his retirement, which he understands will be in 6 years. She would like to retire with at least $ 500,000 at that time. It already has accumulated $ 150,000, which it has just deposited at an interest rate of 6% per year, compounded annually. How much will you have to invest at the end of each period to achieve your retirement and if you assume that the annual interest rate of 12% on the remaining will be compounded quarterly?
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