Question: Calculate the equal quarterly series equivalent to the decreasing gradient series given below. Assume the interest rate is 8%. a) $10,000 at the end

Calculate the equal quarterly series equivalent to the decreasing gradient series given

Calculate the equal quarterly series equivalent to the decreasing gradient series given below. Assume the interest rate is 8%. a) $10,000 at the end of 1st quarter b) $9,500 at the end of 2nd quarter c) $9,000 at the end of 3rd quarter

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