Question: If interest is 7% compounded annually, calculate the present value of four year cash flows of $10,000 in year 1; $20,000 in year 2; $30,000

If interest is 7% compounded annually, calculate the present value of four year cash flows of $10,000 in year 1; $20,000 in year 2; $30,000 in year 3 and $40,000 in year 4.

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