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(Present value of complex cash flows)How much do you have to deposit today so that beginning 11 years from now you can withdraw $ 13000
(Present value of complex cash flows)How much do you have to deposit today so that beginning 11 years from now you can withdraw $ 13000 a year for the next 5 years (periods 11 through ) plus an additional amount of $26000 in the last year (period 15)? Assume an interest rate of 12 percent. Question content area bottom Part 1 The amount of money you have to deposit today i
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