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Please help 5 minutes left Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, , varies as indicated.
Please help 5 minutes left
Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, , varies as indicated. @ P- $2.000 $2.000 o 1. $1.000 14 = 12% in = 8% $1.000 14 - 12% 15 = 15% 13 = 15% 15 = 15% 0 1 22 Years Click the icon to view the interest and annuity table for discrete compounding when = 8% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 12% per year. (Round to the nearest cent.) The present equivalent value is $Step by Step Solution
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