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(1 point) (Exercise 2.4) An investor makes three deposits into a fund at the end of 1, 3, 5 years. The amount of the deposit

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(1 point) (Exercise 2.4) An investor makes three deposits into a fund at the end of 1, 3, 5 years. The amount of the deposit at time t is $300(1.025)'. Find the size of the fund at the end of 8 years, if the nominal rate of discount convertible quarterly is 0.06. ANSWER = $

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