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Calculate the present worth of the following cash flows, when i = 10% per year, compounded annually. [Answer is given but i need an explanation

Calculate the present worth of the following cash flows, when i = 10% per year, compounded annually. [Answer is given but i need an explanation as to how to get it]

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Answser: $2679.49

End of Year 0 4 Cash Flow, $10001044 4 4

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