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Set up the formula to calculate the net present value of the cash flows in questions 1 through 3, assuming a discount rate of 10% per year:

1) Receive $40 today and receive $40 one year from today.

2) Receive $40 today and receive $40 three years from today.

3) Pay $30 today, pay $40 one year from now, receive $40 two years from today, and receive $100 three years from today.

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