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What is the time 3 value of the following cash flows? Assume the interest rate is 5%. Date Cash Flow 1 $450 2. $700 2

What is the time 3 value of the following cash flows? Assume the interest rate is 5%. Date Cash Flow 1 $450 2. $700 2 3 $500 4 $325 $1,678.74 $1,762.79 $2,040.65 $2,142.68 $500.00

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