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2. Given the following cash flows. Assuming that interest rate is 5%, compounded annually. 0 $20,0001$30,0002$40,00023 a. What is the present value of these cash

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2. Given the following cash flows. Assuming that interest rate is 5%, compounded annually. 0 $20,0001$30,0002$40,00023 a. What is the present value of these cash flows? b. What is the total future value of these cash flows if all cash flows in the beginning of each year

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