A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount

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A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount at an interest rate of 9% compounded
(a) Quarterly?
(b) Monthly?
(c) Continuously?

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Question Posted: Nov 12, 2018 11:37 AM

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A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount

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Fundamentals of Engineering Economics

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