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Calculate the PRESENT VALUE of the following series of cash flows: 300 after 9 years, 100 after 14 years, and 200 after 20 years Use

  • Calculate the PRESENT VALUE of the following series of cash flows:
  • £300 after 9 years,
  • £100 after 14 years, and
  • £200 after 20 years

  • Use an effective rate of interest of 3% per annum for the first 10 years and of 8% per annum thereafter. Express your answer to TWO decimal places and do NOT include a "£" sign.


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