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Project Cash Flow: Recieve $2,000. Pay $500 at the end of every year for 4 years. Pay $1,000 in 5 years. a.Draw this cash flow
Project Cash Flow: Recieve $2,000. Pay $500 at the end of every year for 4 years. Pay $1,000 in 5 years.
a.Draw this cash flow on a cash flow diagram.
b .Calculate the total present value of this cash flow w/ an interest rate of 6%/yr.
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