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Kaelyn borrows #30,000 from her grandfather today to cover her collge expenses the agres to repay the loat with the first payment due s years
Kaelyn borrows #30,000 from her grandfather today to cover her collge expenses the agres to repay the loat with the first payment due s years from today in the amount ogl #2,000, No payment is made at the end og sear 6.starting 2 years from today, a series og s annual end of year payments is made, with the first in the amount og 1x. Eack subsequnt payment is t1,500 greater than the previous payment Draw the cash flow trnsaction from the grandyfather's perspective. diagram of this
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