Solution-What lump sum deposited today

What lump sum deposited today

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What lump sum deposited today at 8% compounded quarterly for 10 years will yield the same final amount as deposits of $4000 at the end of each 6 month period for 10 years at 4% compounded semiannually?

Reference no: EM131412941

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What lump sum deposited today : What lump sum deposited today at 8% compounded quarterly for 10 years will yield the same final amount as deposits of $4000 at the end of each 6 month period for 10 years at 4% compounded semiannually?

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What lump sum deposited today

Reference no: EM131412941

Reference no: EM131412941

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