Hamilton wants to accumulate ₺ 24.000 at the end of 4 years. It starts quarterly payments in a bank account which pays J4= 6% (annual interest rate with quarterly compounding). a.) If, after 2 years compounded at %6(annual interest rate with quarterly compounding) , bank switches the rate to J4= 8%, what would be the size of quarterly payments for last 2 years required to meet the ₺ 24.000 goal?

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