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What is the present value of the following cash flows, given an appropriate discount rate of 4.88% ( to the nearest penny)? Year 1

 

What is the present value of the following cash flows, given an appropriate discount rate of 4.88% ( to the nearest penny)? Year 1 $3,701 Year 2 $6,716 Year 3 $7,731 Year 4 $42,879 Year 5 $6,707 D Question 3 10 If I invest $44,767 today and expect to earn 3.61% per year, how much will I have in 41 years (assuming that you simply leave the original $44.767 invested, adding nothing over the next 41 years)? Enter your answer to the nearest cent.

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