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Why is i = 3.5% when it says interest is 31/2? For what value of n, based on a 31/2 interest rate, do these cash

Why is i = 3.5% when it says interest is 31/2?

For what value of n, based on a 31/2 interest rate, do these cash flows have a present value of 0? A = 50 0-1-2-3-4-5-6-.. n n = ? 1000

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