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What is the present value of the cash flows? Interest rat = 5% Year Cash flow 0 $0 1 1,000 2 2,333 3 7,687 4
What is the present value of the cash flows?
Interest rat = 5%
| Year | Cash flow |
| 0 | $0 |
| 1 | 1,000 |
| 2 | 2,333 |
| 3 | 7,687 |
| 4 | 6,500 |
| 5 | 7,892 |
|
|
|
Please show all work.
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