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Problem 1 (5 points). An investor makes three deposits into a fund at the end of 1, 3, and 5 years. The amount of the
Problem 1 (5 points). An investor makes three deposits into a fund at the end of 1, 3, and 5 years. The amount of the deposit at time t is 100(1.025) Find the size of the fund at the end of 7 years if the nominal rate of discount convertible quarterly is 4/41
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