Solved: What single amount on October 1, 2012, is equalto

Chapter , Problem 4-130

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What single amount on October 1, 2012, is equalto a series of $1000 quarterly deposits made into anaccount? The first deposit occurs on October 1, 2012,and the last deposit occurs on January 1, 2026. Theaccount earns 13% compounded continuously.

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