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Using rate i per time unit, find the value at time 11 of payments of size 2 payable from time 5 to time 8 inclusive
Using rate i per time unit, find the value at time 11 of payments of size 2 payable from time 5 to time 8 inclusive followed by payments of size 7 from time 9 to time 11 inclusive. Answer this question by, first, drawing a cash flow diagram and then writing down the equation of value
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