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You are paying a series of five constant-dollar (or real-dollar) uniform payments of $2,197.76 beginning at the end of first year. Assume that the general
You are paying a series of five constant-dollar (or real-dollar) uniform payments of $2,197.76 beginning at the end of first year. Assume that the general inflation rate is 22.44% and the market interest rate is 22.44% during this inflationary period. The equivalent present worth of the project is: Enter your answer as follow: 1234.56 0 Hint: - Read the question carefully. - What type of dollar that was given in the question? - With the given dollar, what type of interest rate do you need to use
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