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Sally needs to calculate the PW at 12% of a cash flow series with $1,000 at t=5, $1,500 at t=6, and $2,000 at t=7. If Sally u
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Answer #1

Answer :- Option b). t = 4.

Explanation :- Presently, P is located at 4 i.e., present worth (P) at the beginning of year 4.

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