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Intro: you expect to receive a one-time payment of $1000 in 9 years and a second payment of $1500 in 14 years. The annual interest

Intro: you expect to receive a one-time payment of $1000 in 9 years and a second payment of $1500 in 14 years. The annual interest rate is 9%
1)what is the present value of the combined cash flows?
2)if you invest the amount that youll receive in 9years and include the cash flow in year 14, how much money will you have in year 14?
3)if you invest the amount found in part 1 for 9 years, how much will you have at the end?
4) if you invest the amount found in part 3 for another 5 years, how much will you have at the end?
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Intro You expect to receive a one-time payment of $1,000 in 9 years and a second payment of $1,500 in 14 years. The annual interest rate is 9%. IB Attempt 2/2 for 9 pts. Part 1 What is the present value of the combined cash flows? 0+ decimals Submit

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