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8.) Calculate the Present Value of these cash flow Streams using a 5% interest rate: a) $1,000 in 1 year b) $2,000 in 2 years

8.) Calculate the Present Value of these cash flow Streams using a 5% interest rate:

a) $1,000 in 1 year b) $2,000 in 2 years c) $500 in 3 years

please keep it simple, step by step

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