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The returns on investment for a new endeavour are expected to grow by 1.3% each quarter for the next 2.25 years. If the initial return
The returns on investment for a new endeavour are expected to grow by 1.3% each quarter for the next 2.25 years. If the initial return was $1850, what is the present value of the stream of returns given an interest rate of 6.3% compounded quarterly. Your answer should be accurate to the nearest cent. (Ex: 43011.34) Your
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