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Find the amount of each cash flow in an equal quarterly

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Reference no: EM13626368

The first cash folw of a 25- year series of quarterly cash flows is equal to $35,000. Each cash folw in the series increases by $ 800.

Find the amount of each cash flow in an equal quarterly cash folw series that equivalent to the increasing cash flow series. The interest rate is 14% and compounding is done quartely.

Reference no: EM13626368

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