Question: What single amount on Apri 2015, is equivalent to a series of equal, semiannual cash flows of $1000 that starts with a cash flow on

What single amount on Apri 2015, is equivalent to a series

What single amount on Apri 2015, is equivalent to a series of equal, semiannual cash flows of $1000 that starts with a cash flow on January 1, 2013, and ends with a cash flow on January 1, 2022? The interest rate is 12% and compounding is quarterly

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