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5. A set of cash flows has a present value of $1,500. It has monthly payments of $100 for 12 months and an annual discount

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5. A set of cash flows has a present value of $1,500. It has monthly payments of $100 for 12 months and an annual discount rate of 6%. What is the cash flow (FV) at the end of the year? 5 points How would the present value change if the interest (discount) rate was lower than 6%? 5 points

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