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Determine the present value (year zero) of the following cash flows: End of year 5 - $5,000; End of Year 6 - $7,000; End of
Determine the present value (year zero) of the following cash flows: End of year 5 - $5,000; End of Year 6 - $7,000; End of Year 7 - $9,000; End of Year 8 - $5,000; End of Year 9 - $4,000. The periodic interest rate is 8% compounded annually.
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