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Cash flow stream

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What is the present worth of the following cash flow stream? Assume 6% interest (2 pts)

Year 0 = 0                   Year 1 = $1000

Year 2 = $1000                       Year 3 = $1000

Year 4 = $1000                       Year 5 = $2000

Year 6 = $3000                       Year 7 = $4000

Year 8 = $5000

Reference no: EM13772679

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