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An investment will generate 10 payments of $100 once in every 3 quarters starting 3 quarters from now. What is the value of the investment
An investment will generate 10 payments of $100 once in every 3 quarters starting 3 quarters from now. What is the value of the investment today if the interest rate is 5% compunded quarterly?
| "$1,192.60 " | ||
| $947.00 | ||
| $837.03 | ||
| $819.35 | ||
| $947.13 |
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