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I'm Problem 1: (25 points) For the transactions shown below, determine the amount of money in the account at the end of year 3 if

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Problem 1: (25 points) For the transactions shown below, determine the amount of money in the account at the end of year 3 if the interest rate is 8% per year, compounded semiannually. Assume no interperiod compounding. Amount of Withdrawal, S/Quarter (negative flows) S/Quarter (positive flows) End of Quarter Amount of Deposit, 900 700 1,000 2-4 2,600 1,000

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