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What lump sum deposited today at 8% compounded quarterly for 10 years will yield the same final amount as deposits of $4000 at the end of each 6 month period for 10 years at 4% compounded semiannually?
Basic Finance, Finance
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Current Assets$1,350 Total Assets$2,500 Operating Profit$475 Debt$975 Net Income$300 Inventory$450 Cost of Goods Sold$525 Sales$1,350 Current Liabilities$800 Total Equity$1,525 Total Liabilities and owners equity$2,500 C ...
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