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Let's assume your friend, Wilbur, wants to pay you the following amounts for housesitting when he travels. At an interest rate of 4.9 percent, what
Let's assume your friend, Wilbur, wants to pay you the following amounts for housesitting when he travels. At an interest rate of 4.9 percent, what is the value of the cash flows four years from today?
Year1234CashFlow$2,8753,9405,7607,825Step by Step Solution
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