What is the present worth of a series of equal quarterly payments of $3000 that extends over

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What is the present worth of a series of equal quarterly payments of $3000 that extends over a period of 8 years if the interest rate is 10% compounded monthly?

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 01, 2010 04:30 AM

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What is the present worth of a series of equal quarterly payments of $3000 that extends over

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