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Exam #1, Pg. 2. (15) 2. The President of a company wants to make seven equal lump-sum deposits, one a year from now, second 3

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Exam #1, Pg. 2. (15) 2. The President of a company wants to make seven equal lump-sum deposits, one a year from now, second 3 years from now, third 4 years from now, fourth 6 years from now, fifth 8 years from now, sixth 10 years from now and the last deposit 13 years form now, so he can make six of $4500 per year withdrawals, after two years when the seventh deposit is made. Furthermore, he plans to withdraw the remaining cash at the end of the fifth-year after the last withdrawal. Define the economy symbols and draw the cash-flow diagram. "SHOW CLEARLY ALL YOUR WORK

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