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The appropriate discount rate for the following cash flows is an 1 0 percent APR compounded quarterly. Year Cash Flow 1 $ 9 1 0

The appropriate discount rate for the following cash flows is an 10 percent APR compounded quarterly.
Year Cash Flow
1 $ 910
2990
30
41,580
What is the present value of the cash flows?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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