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Assuming an interest rate of 5.9 percent, what is the value of the following cash flows four years from today? year 1 - $3125 year
Assuming an interest rate of 5.9 percent, what is the value of the following cash flows four years from today?
year 1 - $3125
year 2 - $4140
year 3 - $6010
year 4 - $8125
a)$24,481.81
b)$23,902.55
c)$23,323.30
d)$22,843.92
e)$21,930.17
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