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Determine the present value at the end of year zero of the following cash flows using a periodic interest rate of 7.5% compounded annually. All
Determine the present value at the end of year zero of the following cash flows using a periodic interest rate of 7.5% compounded annually. All cash flows occur at the end of the specified year.
year 3 4 5 6 7
1000 0 1000 1000 1000
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