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Business, 19.02.2020 21:09 whitakers87

The present worth of an infinitely long uniform series of cash flows is equal to A company undertakes a 5-year project that requires annual payments. Payment for the first yearis $2 000. It will then increase by 5% each subsequent year. The interest is fixed at 5% a year. What is the present worth of this cash flow?

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The present worth of an infinitely long uniform series of cash flows is equal to A company undertake...
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