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8. Over the past 10 years, Gentrack has placed varying sums of money into a special capital accumulation fund. The company sells compost produced by
8. Over the past 10 years, Gentrack has placed varying sums of money into a special capital accumulation fund. The company sells compost produced by garbage-to-compost plants in the United States and Vietnam. Figure 4-5 is the cash flow diagram in $1000 units. Find the amount in the account now (after 10 years) at an interest rate of 12% per year, compounded semiannually. P=? 0 2 9 10 Year S1000 $1500 $3000 9. For the past 7 years, Excelon Energy has paid $500 every 6 months for a software maintenance contract. What is the equivalent total amount after the last payment, if these funds are taken from a pool that has been returning 8% per year, compounded quarterly
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