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How much invested now at 5% would be just enough to provide for four lump sum payments of $6000 at t = 5, 10, 15
How much invested now at 5% would be just enough to provide for four lump sum payments of $6000 at t = 5, 10, 15 and 20 years. Solve this problem in two different ways. Method 1: use only uniform series equivalence factors. Method 2: use only single amount equivalence factor
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