Suppose you deposit $1,000 at the end of each quarter for 5 years at an interest...

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Suppose you deposit $1,000 at the end of each quarter for 5 years at an interest of 8% compounded continuously. What equal end-of-year deposit over 5 years would accumulate the same amount at the end of 5 years under the same interest compounding (8%, compounded continuously)? To answer the question, which of the following is correct? Quarters 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ………………… !!!!!!! Ⓒa. A = $1,000 (F/A, e0.02-1, 20) (A/F, 8%, 5) O b. None of these OC. A $1,000 (F/A, 0.02 -1, 4) O d. A = $1,000 (F/A, 2%, 20) (A/F, 8%, 5) A $1,000 Years ******* A A Suppose you deposit $1,000 at the end of each quarter for 5 years at an interest of 8% compounded continuously. What equal end-of-year deposit over 5 years would accumulate the same amount at the end of 5 years under the same interest compounding (8%, compounded continuously)? To answer the question, which of the following is correct? Quarters 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ………………… !!!!!!! Ⓒa. A = $1,000 (F/A, e0.02-1, 20) (A/F, 8%, 5) O b. None of these OC. A $1,000 (F/A, 0.02 -1, 4) O d. A = $1,000 (F/A, 2%, 20) (A/F, 8%, 5) A $1,000 Years ******* A A

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To find the equal endofyear deposit over 5 years that would accumulate the same amount at the end of ... View the full answer