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Suppose you can borrow money at 9%. What is the Net Present Value of an asset that costs you $2500 today and provides net returns
Suppose you can borrow money at 9%. What is the Net Present Value of an asset that costs you $2500 today and provides net returns of $500 in one year, $600 in two years, $700 in three years, $800 in four years and $900 in five years?
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