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Find the PV of a stream of payments lasting 4 years. Each payment is for $300, andthe discount rate is 5%. The payments are all
Find the PV of a stream of payments lasting 4 years. Each payment is for $300, andthe discount rate is 5%. The payments are all received at the end of the year, startingwith the first payment, received exactly one year from the present. Show your work.
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