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will rate asap Assume Jack will receive $600 one year from now, $850 two years from now, $1,400 three years from now, $1,850 four years
will rate asap
Assume Jack will receive $600 one year from now, $850 two years from now, $1,400 three years from now, $1,850 four years from now, and $2,625 five years from now. Assuming the interest rate of 10.6% and that it will compound annually, what will be the present value of the cash inflows Jack will receive? $5,094.75 $5,112.25$4,628.93 $4,725.33 Step by Step Solution
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