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1. Jackson wants to invest an amount $P now so that he can get 5 equal end-of-year payments of $1000 each and still have the

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1. Jackson wants to invest an amount $P now so that he can get 5 equal end-of-year payments of $1000 each and still have the same amount (that he invested now) left in his account (at the end of year 5). If the interest rate is 10%. i. Draw a CFD for his investment. ii. Calculate the value of P

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