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Please solve this using a financial calculator and show all steps . You will receive 3 annual payments of $5,000 each starting at the end
Please solve this using a financial calculator and show all steps.
"You will receive 3 annual payments of $5,000 each starting at the end of the 4th year (i.e. years 4 through 6) from now. What is the present value of this cash flow stream if the interest rate is 5% ? -Answer: $11,762.22Step by Step Solution
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