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Intro You expect to receive two cash flows: $8,000 paid in 3 years and $16,000 paid in 6 years. The annual interest rate is 3%.

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Intro You expect to receive two cash flows: $8,000 paid in 3 years and $16,000 paid in 6 years. The annual interest rate is 3%. Part 1 | Attempt 1/5 for 2 pts. What is the present value of the combined cash flows? 0+ decimals Submit

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