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Find the present value of each of the following streams of income, assuming a 12% discount rate. A B C End of Year Income End
Find the present value of each of the following streams of income, assuming a 12% discount rate.
A B C
End of Year | Income | End of Year | Income | End of Year | Income |
1 | $2,200 | 1 | $10,000 | 15 | $10,000/yr |
2 | $3,000 | 25 | $5,000/yr | 610 | $ 8,000/yr |
3 | $4,000 | 6 | $7,000 | ||
4 | $6,000 | ||||
5 | $8,000 | ||||
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