What single amount is equal to a series of quarterly deposit


Problem

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

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What single amount is equal to a series of quarterly deposit
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