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please show work for both problems A family friend collects art and insists that there is a painting that will be worth $8,739 in 5

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A family friend collects art and insists that there is a painting that will be worth $8,739 in 5 years. If the interest rate is 17.5%, how much shoudl you be willing to pay for it today? (Round to 2 decimal places.) Calculate the value of the cash flows at time 6. The interest rate is 10.26%. 0 1 2. $1,038 $2,481 $3,427

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