A series of quarterly cash flows starts with a cash flow of, Business Economics

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A series of quarterly cash flows starts with a cash flow of

A series of quarterly cash flows starts with a cash flow of $1,000 on April 1,1982, and * expected through July 1,1994. Each cash flow has been $50 greater than the one preceding T^is tncrease expected to continue. Use an interest rate of 16% with quarterly compounding md.

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