Question: You are expecting to get $3000 in five years (5 years from now). Assume interest rate is 8% and quarterly compounding. (Answer format: keep the

You are expecting to get $3000 in five years (5 years from now). Assume interest rate is 8% and quarterly compounding. (Answer format: keep the integer, 135.67 135 ) 1) What will be the value in year 2 ? 2) What will be the value in year 8 ? Answer 1: 3499 Answer 2: 5552

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