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Progress payments are received every two weeks There is a 4 week lag period between the time money is allocated and the corresponding progress payment
Progress payments are received every two weeks There is a 4 week lag period between the time money is allocated and the corresponding progress payment is received. That is, the money needed for the first two weeks should be allocated at EOP 0, and the corresponding progress payment for this work will be received at EOP 4. Determine: The Net Cash-Flow and the Cumulative Net Cash Flow at EOP 0 through EOP 38 Plot the Cumulative Net Cash-Flow vs. time
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