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Payments of 800, 500 and 700 are made at the end of years 2, 3 and 6 respectively. Assuming i = 0.13, find the point
Payments of 800, 500 and 700 are made at the end of years 2, 3 and 6 respectively. Assuming i = 0.13, find the point at which a single payment of 2100 would be equivalent.
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