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April 16, 2014

Homework Help: Finance

Posted by FinanceQ on Tuesday, February 1, 2011 at 2:06pm.

What is the present value of the following payments? The interest rate is 8.5%.

$200 $200 $200 $200 $200+$1,000
I--------I-------I-------I-------I-------I
0 1 2 3 4 5

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