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An investment promises the following cash flow stream: $2,000 at Time 0; $2,000 at the end of Year 1 (or at T=1); $3,000 at the

An investment promises the following cash flow stream: $2,000 at Time 0; $2,000 at the end of Year 1 (or at T=1); $3,000 at the end of Year 2; $6,000 at the end of Year 3, and $5,000 at the end of Year 4. At a discount rate of 8%, what is the present value of the cash flow stream? $15,148.34 $15,201.74 $15,205.48 $15.626.62

You will make five deposits in the next 5 years so that you will have $700 at the end of year 5. You deposit $100.00 at the end of each year for the first four years. How much is your 5th deposit so that you have the exact $600 right after you make the 5th deposit? The compound interest rate is 12%.

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