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Compute the present value of annual cash payments of $600 per year, for 3 years, using a discount rate of 8%. Equation 4.16: CF1

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Compute the present value of annual cash payments of $600 per year, for 3 years, using a discount rate of 8%. Equation 4.16: CF1 CF2 PV CFn + (1+r) (1+r) + (1+r)"

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