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What is the best way to solve this on a financial calculator 3. You will receive $2,000 a year from time 5 to time 35.
What is the best way to solve this on a financial calculator
3. You will receive $2,000 a year from time 5 to time 35. (The following time line gives the cash flows.) Using a 10% discount rate, what is the PV of this cash flow stream? 0 1 $0 2 $0 3 $0 4 $0 5 $2,000 6 $2,000 7 $2,000 8 $2,000 9 $2,000 34 $2,000 35 $2,000Step by Step Solution
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