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36: What single amount on April 1, 2007, is equivalent to a series of equal, quarterly cash flows of $1,000, starting with a cash flow

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36: What single amount on April 1, 2007, is equivalent to a series of equal, quarterly cash flows of $1,000, starting with a cash flow on July 1, 2007, and ending with a cash flow on October 1, 20137 Use an interest rate of 18% and quarterly compounding

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