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With i=12%, the future worth of the cash flow below is closest to Year 0 1 2 3 4 5 6 7 Cash Flow, $
With i=12%, the future worth of the cash flow below is closest to
| Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| Cash Flow, $ | 0 | 450 | 450 | 450 | 750 | 450 | 450 | 450 |
| $5,760 | ||
| $5,260 | ||
| $4,960 | ||
| $4,360 |
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Broadcasting Finance In Transition
Authors: Jay G. Blumler, T. J. Nossiter
1st Edition
0195050894, 978-0195050899
