You plan to make a series of deposits in an interest bearing account. You will deposit $1,000

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You plan to make a series of deposits in an interest bearing account. You will deposit $1,000 today, $2000 in two years, and $8000 in five years. If you withdraw $3000 in three years and $5000 in seven years, how much will you have after eight years if the interest rate is 9%? What is the present value of these cash flows?

Posted Date: May 21, 2024 02:12 AM

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You plan to make a series of deposits in an interest bearing account. You will deposit $1,000

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