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Assume that the annual interest rate is 5%. What is the present value of the multi-period cash flows in the below table? O 13,132.88

 Assume that the annual interest rate is 5%. What is the present value of the multi-period cash flows in the    

Assume that the annual interest rate is 5%. What is the present value of the multi-period cash flows in the below table? O 13,132.88 12,000.00 12,507.50 O 10,804.45 O None of the above. Cash flows Year 1 3,000 Year 2 4,000 Year 3 5,000

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