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Paste BIU Os A Merge & Center o $ Format Painter Clipboard Font Alignment Num AutoSave @ OH A16 f B. C D F G

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Paste BIU Os A Merge & Center o $ Format Painter Clipboard Font Alignment Num AutoSave @ OH A16 f B. C D F G H An investment offers to pay you $300 per quarter for 10 years. If the annual rate is 11% with quarterly 1 compounding, then what is the present value of these cash flows? 2 3 Answer Use the appropriate formulas and Excel 4 N function to solve the problem (typed-in 5 1 solutions receive 0 credit) 6 PV 7 PMT 8 FV 9 10 11 12 13 14 15 16 18 19 20

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