A. What is the Future Value of $11,000 placed in a savings account for eight years given quarterly compounding with a no

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A. What is the Future Value of $11,000 placed in a savings account for eight years given quarterly compounding with a no

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A. What is the Future Value of $11,000 placed in a savings
account for eight years given quarterly compounding with a nominal
rate of 3%?
B. What is the present value of the following cash flow
stream given a return of 3.5%? $0 at Time 0; $1,700 at the end of
Year 1; $2,500 at the end of Year 2; $3,800 at the end of Year 3;
and $4,500 at the end of Year 4?
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