A person deposits $150 per month into a savings account for 2 years. If $75 is...
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A person deposits $150 per month into a savings account for 2 years. If $75 is withdrawn in months 5, 7 and 8 (in addition to the deposits), construct the cash flow diagram to determine how much will be in the account after 2 years ati = 8% per year, compounded quarterly. Assume there is no interperiod interest. $3,090 $4,050 $2,045 $3,609 A person deposits $150 per month into a savings account for 2 years. If $75 is withdrawn in months 5, 7 and 8 (in addition to the deposits), construct the cash flow diagram to determine how much will be in the account after 2 years ati = 8% per year, compounded quarterly. Assume there is no interperiod interest. $3,090 $4,050 $2,045 $3,609
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