What is the amount of the quarterly deposits A such that you will be able to withdraw

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What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts shown in the cash flow diagram if the interest rate is 8% compounded quarterly?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Question Posted: Apr 21, 2016 06:37 AM

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What is the amount of the quarterly deposits A such that you will be able to withdraw

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$2,500 8% Compounded quarterly $1,500 Quarters (Deposit)

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Contemporary Engineering Economics

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