A man deposits 320 at the end of each three months in an account paying 6% converted quarterly. In order to accumulate 9,400, how many regular deposits every three months must he make and what is the size of the concluding payments if one is needed?
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A man deposits 320 at the end of each three months in an account paying 6% converted quarterly. In order to accumulate 9,400, how many regular deposits every three months must he make and what is the size of the concluding payments if one is needed?
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