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Question: consider two cfs a positive one at the beginning of...

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Consider two CFs:

  • a positive one at the beginning of Year 2023 in the amount of $90 and
  • a positive one at the beginning of Year 2042 in the amount of $52.

What would be the equivalent value of these CFs at the beginning of Year 2017 at an interest rate of 3.3%?

The answer is 97.16

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