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Joe is a 10 year old computer hobbyist, he has a paper route that nets him $135 each month in profit and wants to start
Joe is a 10 year old computer hobbyist, he has a paper route that nets him $135 each month in profit and wants to start saving to buy a computer. Assume he can find a bank that pays 0.75% interest monthly, he will deposit the entire $135 at the end of each month, and wants to buy a computer at the end of one year. Draw the cash flow diagram for this situation.
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