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Interest is compounded quarterly, and single payment cash flows that is, F, and P are separated by 5 years. What is the compounding period be
Interest is compounded quarterly, and single payment cash flows that is, F, and P are separated by 5 years. What is the compounding period be on the intrest rate, if the value of n in the P/F or F/P equation is: (a) n = 5
(b) n=20
(c) = 60?
Please show equations used before pluging in the math.
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