Q 12: A series of equal quarterly payments of 1280 SR starting one quarter from today extends over a period of 8 years. What is the present worth of this quarterly-payment series at 4% interest a. compounded continuously. b. Compounded weekly.

Q 12: A series of equal quarterly payments of 1280 SR starting one quarter from today extends over a period of 8 years. What is the present worth of this quarterly-payment series at 4% interest a. compounded continuously. b. Compounded weekly.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Q 12: A series of equal quarterly payments of 1280 SR starting one quarter from today extends over a
period of 8 years. What is the present worth of this quarterly-payment series at 4% interest
a. compounded continuously.
b. Compounded weekly.

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