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taurus [48]
3 years ago
12

You are to receive $500 at the end of one year; $250 at the end of two years; $300 at the end of three years. if the interest ra

te is 5%, what is the present value of these cash flows?
Business
1 answer:
Ulleksa [173]3 years ago
6 0
The value is 210 dollars
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Remember that being thorough when you add up expenses is important in creating a realistic budget. A forgotten bill really throws a wrench into your savings plan. When calculating your expenses, also factor in unexpected bills, such as unplanned car repairs. A good rule of thumb is to add an extra 10 percent to 15 percent. So if you’ve determined that you spend $1,500 a month, add $150 to $225.

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