Lowell Corporation wishes to establish a sinking fund to retire a $210,000 debt that is due in 12 years. If the investment will earn interest at the rate of 10%/year compounded quarterly, find the amount of the quarterly deposit that must be made in order to accumulate the required sum. Round your answer to the nearest cent.
a. R = $2,348.74
b. R = $2,311.26
c. R = $2,287.73
d. R = $2,368.61
b. R = $2,311.26
Mathematics
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(-18x + 9)
A. 16x + 8 B. 16x - 8 C. 8x D. -16x + 8
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.
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A. 
B. 
C. 
D. 
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