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Determine the capitalized equivalence of an infinite series of 5-year period payments. Use a 12% nominal annual interest rate. In each 5-year period, $100 will
Determine the capitalized equivalence of an infinite series of 5-year period payments. Use a 12% nominal annual interest rate. In each 5-year period, $100 will be paid at the end of years one and five. $200 at the end of years two and four, and $300 at the end of year three. Use as few interest factors as possible. DRAW the CFD.
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