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Economics

Determine the present worth of 5 equal annual deposits of $1,150 at the end of years 1 through 5, followed by 4 equal annual withdrawals of $700 at the end of years 4 through 7. Note that both years 4 and 5 will have a deposit and a withdrawal. Interest is 5%.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91272755

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