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You receive $100 every 3 months beginning 3 months from today for 5 years and an additional $2000 5 years from today. If the interest
You receive $100 every 3 months beginning 3 months from today for 5 years and an additional $2000 5 years from today. If the interest rate is 3% APR with quarterly compounding, what is the value today of this stream of cash flows?
Please show step by step based on the financial calculator. The answer is $3,573.18, but I am getting a different Present Value.
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