You will receive the following amounts at the beginning of each of the following 3 years which
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Question:
You will receive the following amounts at the beginning of each of the following 3 years which will earn 10% per annum compounded annually.
Year 1 $1000
Year 2 $2000
Year 3 $1000
What is the combined present value of these cash flows at the beginning of year 1, rounded to the nearest dollar?
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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