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10 QUESTION 10 Assume that you currently have $63,514 in the bank. That you are going to receive $550 four times a year until the

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10 QUESTION 10 Assume that you currently have $63,514 in the bank. That you are going to receive $550 four times a year until the day of your retirement (30 years from now). That you need to pay $1,261 every year for 45 more years. What is the present value of all these cash flows if the interest rate is 8.33%. NOTE: Submit your answers with 4 decimals after the dot. HINT: Calculate ALL THE PRESENT VALUES and add them together

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