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What is the time 4 value of the following cash flows? Assume interest rate is 8%. Show work. Date Cash Flow 1 500 2 800

What is the time 4 value of the following cash flows? Assume interest rate is 8%. Show work.

Date Cash Flow

1 500

2 800

3 425

4 350

I know the answer is 2371.98 i just dont know how to get it!

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