At the end of each of the next 20 years, I will receive the following amounts: Years

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At the end of each of the next 20 years, I will receive the following amounts:

Years 1–5 ..............................    $200

Years 6–10 ............................    $300

Years 11–20 ..........................    $400

Use the PV function to find the present value of these cash flows, where the cost of capital is 10 percent.

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