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A series of equal end-of-quarter deposits of $1,000 extends over a period of three years. It is desired to compute the future worth of this

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A series of equal end-of-quarter deposits of $1,000 extends over a period of three years. It is desired to compute the future worth of this quarterly deposit series at 12% compounded monthly. Which of the following equations is correct? Present the cash flow diagram to show the choice you have selected! a) F = 4($1,000)(F/A, 12%, 3) b) F = $1,000(F/A, 3%, 12) c) F = $1,000(F/A, 1%, 12) d) F = $1,000(F/A, 3.03%, 12)

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