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(Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as

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(Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows Investment End of Year $15,000 $10,000 10,000 10,000 10,000 10,000 2 4 S10,000 10,000 10,000 10,000 10,000 45,000 8

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