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. Question 16 Find the missing cash flow in the following table. You are given that the present value of the cash flows, including the
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Question 16 Find the missing cash flow in the following table. You are given that the present value of the cash flows, including the missing cash flow, is equal to $59,833 and that the interest rate is 7.5 percent. End of Year Cash Flow 1 $15,800 2 $xxxx 3 $15,800 4 $15,800 5 $18,000 $8,651 $9,300 $9,677 $8,048 Question 13 You borrow $65,000 today at an interest rate of 6.6 percent compounded quarterly. If you are to repay the loan as one lump sum amount 8 years from today, how much is this lump sum amount? O $109,736.12 O $109,142.88 O $108,912.67 $108,385.45Step by Step Solution
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