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Problem (a) What is the future value of the following unequal cash flows using 9% interest rate? year 1 2 3 4 cash flow 600
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(a) What is the future value of the following unequal cash flows using 9% interest rate?
year | 1 | 2 | 3 | 4 |
cash flow | 600 | 800 | 500 | 400 |
(b) What is the present value of the above unequal cash flows using 7.5% interest rate?
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