What single amount on april 1 2012 is equivalent to a


What single amount on April 1, 2012, is equivalent to a series of equal, semiannual cash flows of $1000 that starts with a cash flow on January 1, 2010, and ends with a cash flow on January 1, 2019? The interest rate is 14% and compounding is quarterly.

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Business Economics: What single amount on april 1 2012 is equivalent to a
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