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What is the present value of the cash flows depicted on the table if the discount rate is 6%? what formula is used? Year 1

What is the present value of the cash flows depicted on the table if the discount rate is 6%?

what formula is used?

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Year 1 Question 5 Year 2 $5,000 Year 3 Year 4 ($4,000) $20,000 CFS Discount Rate ($1,500) 6.0% PV

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