Question: Please solve by hand, not excell. Include cash flow diagram and proper notation, ex (P/A,6%,12). Thumbs up will be given. Thank you. Problem 2 (20
Problem 2 (20 points) There is no interperiod compounding for the transactions shown. Consider the deposits and withdrawals as your company's deposits/withdrawals. Your manager asks you to determine the amount of money in the account at the end of year 3 at an interest rate of 12% per year compounded semiannually. End of Quarter 1 Amount of Amount of Deposition (3) Wdrawal (5) 900 700 1000 2800 24 7 11-12 1000 1. Draw the cash flow diagram. 2. Determine the amount of money at the end of year 3
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