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3. Suppose that certain end-of-year cash flows are as follows: Cash Flow $8000 $7000 $6000 $5000 End of Year 4 Calculate the present (beginning of

3. Suppose that certain end-of-year cash flows are as follows: Cash Flow $8000 $7000 $6000 $5000 End of Year 4 Calculate the present (beginning of year 1) equivalent at 1-15% per year using the linear gradient factor or formula

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