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Assume that you currently have $54,113 in the bank. That you are going to receive $461 four times a year until the day of your
Assume that you currently have $54,113 in the bank. That you are going to receive $461 four times a year until the day of your retirement (30 years from now). That you need to pay $1,283 every year for 45 more years. What is the present value of all these cash flows if the interest rate is 7.68%. please Submit your answers with 4 decimals after the dot.
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