Question Solved1 Answer The rate is 8% per year compounded quarterly. Consider the cash flow given to determine the future worth 0 3 6 7 8 years $11000 $7000 $7000 $7000 $50000 Use 2 decimal places after dot for the values you obtained from interest rate table.

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Transcribed Image Text: The rate is 8% per year compounded quarterly. Consider the cash flow given to determine the future worth 0 3 6 7 8 years $11000 $7000 $7000 $7000 $50000 Use 2 decimal places after dot for the values you obtained from interest rate table.
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Transcribed Image Text: The rate is 8% per year compounded quarterly. Consider the cash flow given to determine the future worth 0 3 6 7 8 years $11000 $7000 $7000 $7000 $50000 Use 2 decimal places after dot for the values you obtained from interest rate table.
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Ans. Quaterly interest rate = 8/4 = 2% Future worth of the cashflows at 2% interest rate, we get, FW = 50000*(F/P, 2%, 32 quarters) + 11000*(F/P, 2%, 20 quarters) + 7000*(F ... See the full answer