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Solve clearly Task 3: (3.5 Marks) Consider the cash flow diagram shown below and answer the questions that follow (interest rate is 7% per year):

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Solve clearly

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Task 3: (3.5 Marks) Consider the cash flow diagram shown below and answer the questions that follow (interest rate is 7% per year): 0 1 2 3 4 5 6 9 10 A= $ 10,000 a) Calculate the present value in year 5 (1.5 Marks) b) Calculate the future value in year 10 (1.5 Marks)

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