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If a person deposits $1000 per quarter into an account at an interest rate of 12% per semiannually. a) Draw cash flow diagram, CFD? b) How much will be in the account at the end of 6 years? Note:-

If a person deposits $1000 per quarter into an account at an interest rate of 12% per semiannually. a) Draw cash flow diagram, CFD? b) How much will be in the account at the end of 6 years? Note:-

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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[1]- If a person deposits $1000 per quarter into an account at an interest rate of 12% per
semiannually.
a) Draw cash flow diagram, CFD?
b) How much will be in the account at the end of 6 years?

Note:-

  • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
  • Answer completely.
  • You will get up vote for sure.
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