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You plan to continue this for 4 years i draw the cash flow

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You invest $300 dollars every 3 months in a saving account that pays a nominal interest rate of 6% compounded quarterly. In additional, you get a $100 bonus for each year that your savings are untouched. You plan to continue this for 4 years: i) Draw the cash flow diagram ii) How much will there be in the account at the end of 4 years. Show all work for rating.

Reference no: EM13611388

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