Consider the following cash flow series at 5% interest per year. Determine the PV using the best
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Question:
Consider the following cash flow series at 5% interest per year. Determine the PV using the best or fastest approach.
EOY | Cash Flow |
0 | 0 |
1 | 0 |
2 | 0 |
3 | 9,000 |
4 | 9,500 |
5 | 10,000 |
6 | 10,500 |
7 | 11,000 |
8 | 11,500 |
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