4. (15pts). Find the present worth of the cash receipts where i=12% compounded annually using...
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Accounting
4. (15pts). Find the present worth of the cash receipts where i=12% compounded annually using only four interest factors. For full credit, show the four interest factors used, their values, and how you arrived at the final present worth. (HINT: bring all cash flows to period 5 , then discount back to present)
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