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1. Using algebra only (do NOT use Excel), find the NPV of -$2,000 now, $1000 a year for years 1 to 2 and $100 in

1. Using algebra only (do NOT use Excel), find the NPV of -$2,000 now, $1000 a year for years 1 to 2 and $100 in year 4 using a discount rate of 5 percent. Please show all formulae, steps, calculations that you use.

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