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11. Glenda is scheduled to receive payments at the beginning of next nine months in the amounts $10, $20, $30, S40, $50, $40, S30, $20,

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11. Glenda is scheduled to receive payments at the beginning of next nine months in the amounts $10, $20, $30, S40, $50, $40, S30, $20, and $10, beginning immediately. (a) With the use of a time diagram, argue that the current value at time9 of (b) Compute the current value of these payments at time t9 using a effective these payments equals 108s annual interest rate of 8%

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