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Find the present value of the following mixed stream of cash flows using a rate of 3%. Assume the cash flows are received at the
Find the present value of the following mixed stream of cash flows using a rate of 3%. Assume the cash flows are received at the end of each year. round to the nearest cent.
Year | Cash Flow Stream |
1 | 3000 |
2 | 6000 |
3 | 7000 |
Present Value |
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