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DecryptCo is saving $ 4 0 , 0 0 0 each quarter for the next 5 years so that it can develop decryption software to

DecryptCo is saving $40,000 each quarter for the next 5 years so that it can develop
decryption software to decrypt remote car starting and unlocking software.
(a) Draw a cash flow diagram of the project.
(b) If the interest rate is 5% nominal annual, compounded quarterly, calculate how
much DecryptCo will have after 5 years.

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