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a) Given below is uneven stream cash flow involving one annuity with the rate 5%. Yrs 61 ysol yosu Y 2 Y 3 Yis3| Yral

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a) Given below is uneven stream cash flow involving one annuity with the rate 5%. Yrs 61 ysol yosu Y 2 Y 3 Yis3| Yral yosh -80 0 100 50 50 50 100 Please state:- i) What is the future value of year 6, for the given uneven cash flow ii) What is the present value of year 0, for the given uneven cash flow (6 Marks) b) Michael wants to be able to withdraw her bond amounted 15,000 at the end of years five and make another withdraw amounted 8,000 at the end of six years, leaving a zero balance in her bond account after the last withdrawal. If she can earn 10% on the balances, how much must she deposit in bond account today to satisfy her withdrawals needs? (6 Marks)

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