Present value and future value of series of cash flows

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1. Describe in detail how to calculate the present value and the future value of a series of cash flows. What is APR? What is EAR? Are they the same thing?

2. Describe in detail the differences and similarities in calculating the present value and future value of a lump sum, annuity, perpetuity and A series of unequal (multiple) cash flows.

Reference no: EM13813945

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