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Analyze the problem to determine the required deposit

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Problem - Present Value for Two Future Cash Flows

Potter wishes to deposit a sum that at 12% interest, compounded semiannually, will permit 2 withdrawals: $40,000 at the end of 4 years and $50,000 at the end of 10 years. Analyze the problem to determine the required deposit.

Reference no: EM131738627

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