What lump sum deposited today at 8 compounded quarterly for


What lump sum deposited today at 8?% compounded quarterly for 5 years will yield the same final amount as deposits of ?$6000 at the end of each? 6-month period for 5 years at 8?% compounded? semiannually? The value of the lump sum is ?$____. ?(Round to the nearest cent as? needed.)

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Financial Management: What lump sum deposited today at 8 compounded quarterly for
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