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I want to know the present value of $12,000 invested at the end of each quarter for 18 years when money earns 8%, compounded quarterly.
I want to know the present value of $12,000 invested at the end of each quarter for 18 years when money earns 8%, compounded quarterly. What type of problem is this? present value of an ordinary annuity resent value of series of unequal payments present value of an ordinary annuity where the "i" and the " n " need to be adjusted because interest compounding does not occur annually present value of a lump sum
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