Question: What is the future value eight years from now of each of the following cash-flow streams if money can earn 9% compounded semiannually? a. A

What is the eight years from now of each of the following cash-flow streams if money can earn 9% compounded semiannually?
a. A single payment of $5000 today.
b. An ordinary starting today with eight annual payments of $900.
c. An ordinary starting in three years with 20 quarterly payments of $400.

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