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If Lucas has an investment offer to invest a lump sum of money today and then receive $3,500 every 6 months, what investment has to
If Lucas has an investment offer to invest a lump sum of money today and then receive $3,500 every 6 months, what investment has to be made now if the interest is 8% compounded quarterly and the payments of $3,500 will be: At the end of every 6 months for 15 years? At the beginning of every 6 months for 10 years? At the end of every 6 months for 8 years but deferred for 4 years? At the beginning of every 6 months or 9 years but deferred for 3 years? At the beginning of every 6 months in perpetuity? 6:44 am
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