Calculate value of securities deciding good investment


Question:

Securities requiring 4 payments of $50 at end of next 3 years plus payment of $1050 at end of yr 4. Each security costs $900 each. Your money is invested in bank at 8% (nominal) with quarterly compounding. Calculate value of securities to decide if they are a good investment. What is their present value?

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Finance Basics: Calculate value of securities deciding good investment
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