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Question 4: Given Rs.400000 today, determine the equivalent series of 24 semiannual payments which could be generated beginning in 6 months. Assume interest can be

Question 4: Given Rs.400000 today, determine the equivalent series of 24 semiannual payments which could be generated beginning in 6 months. Assume interest can be earned at a rate of 7% year compounded semiannually. [06] per

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