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Please solve using a financial calculator and show keys/steps. Answer should be PV = 2,638.87 I continue to come up with the answer 7, 143.77.
Please solve using a financial calculator and show keys/steps. Answer should be PV = 2,638.87
I continue to come up with the answer 7, 143.77. Any insight into what I may be doing wrong?
28. Discounted Cash Flow Analysis [LO1] If the appropriate discount rate for the following cash flows is 7.17 percent per year, what is the present value of the cash flows? Year Cash Flow 1 2 $2,480 0 3,920 2,170 3 4Step by Step Solution
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