Question

Q-3. Use cash flow diagram showing below is on base of Quarterly- Period and rate of 3%.Show detail of your calculation: Set up, Formula; Final Answers for each part. a)

Compute the value of P? 10 points b) What is the effective rate on base of Semi- Annually? 5 points c) What is the effective rate on base of Continuously? 5 points d) What is the effective rate on the base of every other year?_5 points

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