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solve Year 2: $0 Year 3: $15,000 Year 4: $20,000 Given a 5% discount rate, which formula would you use to calculate the present value
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Year 2: \$0 Year 3: $15,000 Year 4: $20,000 Given a 5% discount rate, which formula would you use to calculate the present value of these cash flows? a. 10,000(1+.05)2+15,000(1+.05)3+20,000(1+.05)4 b. 10,000+(1+.05)315,000+(1+,05)420,000 c. 1+0.0510,000+(1+.05)215,000+(1+.05)320,000 d. 1+0.0510,000+(1+.05)315,000+(1+.05)420,000 Step by Step Solution
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Passive Income Stacking Handbook How To Reach Financial Freedom Faster Regardless Of Your Age Or Situation
Authors: Mark Walters
1st Edition
0578530171, 978-0578530178
