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(Time allowance estimation: 5-6 minutes) You have won a swepstake that gives you twenty annual installments of $2,000 with the first one received today. If

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(Time allowance estimation: 5-6 minutes) You have won a swepstake that gives you twenty annual installments of $2,000 with the first one received today. If the annual discounting rate is 7%, what is the future value (at the end of last installment) of these cash flow installments? For TVM excel file, click here If instead the PV tables are preferred, click here

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