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Find the Present Value (PV) of the following cash flows when the interest rate is 9%. Year Cash Flow 1 $200 2 $300 3 $400
Find the Present Value (PV) of the following cash flows when the interest rate is 9%.
Year | Cash Flow |
1 | $200 |
2 | $300 |
3 | $400 |
4 | $300 |
5 | $600 |
Round your answer to 2 decimal places, for example 100.21.
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