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What is the net present value of the following sequence of annual cash flows at a discount rate of 8 percent APR? t = 1

What is the net present value of the following sequence of annual cash flows at a discount rate of 8 percent APR?

t = 1

t = 2

-50,000

80,000

$30,000.00

$22,290.81

$58,620.69

$39,620.23

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