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In this cash flow, you need to invest $10000 now, and you will receive six equal annual payments of $3000 each. You will get your
In this cash flow, you need to invest $10000 now, and you will receive six equal annual payments of $3000 each.
You will get your first payment a year from now. (For all questions, assume an interest rate of 10%.)
Calculate the DPBP. Round to the nearest hundredth.
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