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Considering the interest rate of 2% per year, how much is the present value of money, with a $100 saving (available now), and making a
Considering the interest rate of 2% per year, how much is the present value of money, with a $100 saving (available now), and making a $100 after year 1, which is increased by $25 through years 1 and 4, while $50 needs to be paid in the last year (year 6). First, draw the cash flow diagram and show all the information. Then, find the present value of money. Considering the interest rate of 2% per year, how much is the present value of money, with a $100 saving (available now), and making a $100 after year 1, which is increased by $25 through years 1 and 4, while $50 needs to be paid in the last year (year 6). First, draw the cash flow diagram and show all the information. Then, find the present value of money
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