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A general contractor wants to have enough money to purchase a new fleet of pickup trucks in four years at a cost of $ 3

A general contractor wants to have enough money to purchase a new fleet of pickup trucks in four years at a cost of $300,000. The company will set aside $100,000 in year 1 and $80,000 in year 2.
A. Draw the cash flow diagram (any perspective)14 pts,
B. How much will the company have to set aside in year 3 to have the money it needs if they use a 9% interest rate? 6 pts.

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