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3. Compute the present amount for the cash flow below, assuming an annual interest rate of 7% compounded monthly over five years. 4. Compute the
3. Compute the present amount for the cash flow below, assuming an annual interest rate of 7% compounded monthly over five years.
4. Compute the future amount of the cash flow below, assuming an annual interest rate of 7% compouned monthly over five years.
3. Compute the present amount for the cash flow below, assuming an annual interest rate of 7% compounded monthly over five years. $24,773.68 $8000 $7000 $5000 $3000 $5000 $2000 1 4. Compute the future amount for the cash flow below, assuming an annual interest rate of 7% compounded monthly over five years. $35,119.79 $8000 $7000 $5000 $5000 $3000 $2000 1 4 5Step by Step Solution
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