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6. Compute the present worth (P) for the cash flows with the different periodic interest rates specified. The cash flows occur at the end of
6. Compute the present worth (P) for the cash flows with the different periodic interest rates specified. The cash flows occur at the end of each year over six years. (Ans.S2140) $1.000 $1.000 $1.000 8% compounded annually 9% compounded quarterly 12% compounded monthly 2 6 7. An engineer who is saving for her retirement plans to deposit $500 every semiannually, starting one quarter from now, into an investment account. If the account pays interest at 12% per year, compounded quarterly, the total she will have at the end of 25 years is closest to: (Draw the Cashflow) (a) $50,000 (b)$56,400 (c) $79,700 (d) $112,800
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