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10) At the end of each year for the next ten years you will receive cash inflows of $50. If the appropriate discount rate is

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10) At the end of each year for the next ten years you will receive cash inflows of $50. If the appropriate discount rate is 5% how much would you pay for the annuity? 11) Your plan is to raise $100,000 as quickly as possible. If you decide to invest $5,000 at the end of each of the next several years at 4% interest co annually, how long will it take you to reach your goal

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