Find the size of the fund at the end of seven years

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An investor makes 2 deposits into a fund, at the end of 1, 3, and 5 years. The amount of the deposit at time t is 100(1.025)^t. Find the size of the fund at the end of 7 years, if the nominal rate of discount convertible quarterly is 4/41.

Reference no: EM131604058

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