What single amount is equivalent to a series of cash flow

Reference no: EM13236363

What single amount on april 1 2012 is equivalent to a series of equivalent to a series of equal, semiannual cash flows of $1000 that starts with a cash flow on january 1, 2010 and ends with a cash flow on January 1, 2019? The interest rate is %14 and compounding is quarterly.

Reference no: EM13236363

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