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Please show work and or BA II Plus inputs 4.3e PV of an Uneven Cash flow Stream -- PVCF. Steph has two choices to make
Please show work and or BA II Plus inputs
4.3e PV of an Uneven Cash flow Stream -- PVCF. Steph has two choices to make deposits into an investment account: 1) make deposits into an investment account each year: $220 at the end of Year 1, $650.00 at the end of Year 2, and $410.00 at the end of Year 3; or, Steph can make a one time deposit into the account at the present time. Assuming an annual return of 10 percent can be earned on the investment, what is the amount needed to be deposited into the account at the present time which would equal the present value of the yearly uneven cash flow streams? $1,725.50 O $1,045.23 O $998.08 O $1,308.16 $1,650.87Step by Step Solution
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