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Fifteen years ago, Jackson Supply set aside $ 1 3 0 , 0 0 0 in case of a financial emergency. Today, that account has
Fifteen years ago, Jackson Supply set aside $ in case of a financial emergency. Today, that account has increased in value to $ What annual rate of interest is the firm earning on this money?
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You are considering a project which will provide annual cash inflows of $$ and $ at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a percent discount rate?
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