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Problem 5 The following table shows the receipts and disbursements for a given venture. Determine the present worth of the receipts and disbursements of the

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Problem 5 The following table shows the receipts and disbursements for a given venture. Determine the present worth of the receipts and disbursements of the venture for a 15% interest rate. Is the venture profitable? End of the Year Receipts ($) Disbursements ($) 20,000 4,000 6,000 5,000 5,000 12,000 1,000

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