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a 22. What is the value on 1/1/16 of the following cash flows? Use a 10% discount rate, and round your answer to the nearest

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a 22. What is the value on 1/1/16 of the following cash flows? Use a 10% discount rate, and round your answer to the nearest $1.00. Date Cash Received Amount of Cash 1/1/18 $100 1/1/19 $200 1/1/20 $300 1/1/21 $400 1/1/22 $500 A. $1,500 B. $880 C. $968 D. $1,065

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