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Please do not use excel. Please show work by hand. Find the value on January 1, 2005 of quarterly payments of $100 for 10 years.

Please do not use excel. Please show work by hand.

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Find the value on January 1, 2005 of quarterly payments of $100 for 10 years. The first payment is on 1/1/2007 and interest is 7% compounded quarterly

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