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10 equal annual payments of 9000 pbr are equal to the sum of 3 equal payments at the end of the 12th, 15th and 20th
10 equal annual payments of 9000 pbr are equal to the sum of 3 equal payments at the end of the 12th, 15th and 20th years. What should be the amount of these three payments with a compound annual interest rate of at 9%? Hint: Draw the cash flows described verbally as two different cash flow diagrams. Make calculations taking into account that they are equivalent
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