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Norwalk Inc. plans a project with the following cash flows; What is the NPV of this project using a discount rate of 4%? t=0 -$386

Norwalk Inc. plans a project with the following cash flows; What is the NPV of this project using a discount rate of 4%?

t=0 -$386

t=1 $100

t=2 $200

t=3 $257

Peter has $50,000 saved up in his credit union which pays 4.8 percent per year. Starting next year you want to take out equal amounts for the next 6 years until all the money is taken out. How much do you take out every year?

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