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( Present value of complex cash flows ) How much do you have to deposit today so that beginning 1 1 years from now you

(Present value of complex cash flows)How much do you have to deposit today so that beginning 11 years from now you can withdraw $12 comma 000 a year for the next 4 years(periods 11 through 14) plus an additional amount of $24 comma 000 in the last year(period 14)? Assume an interest rate of 8 percent.

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