Question: 3. There is not inter-period compounding for the transactions shown in the table below. The manager want to determine the amount of money in the

3. There is not inter-period compounding for the transactions shown in the table below. The manager want to determine the amount of money in the account at the end of year 3 at an interest rate of 10% per year compounded semiannually. Draw the cash flow diagram and solve for future worth at end of year 3. End of Quarter Amount of Deposit $ Amount of Withdrawal, $ 850 700 1000 2500 1100 UNON

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