The appropriate APR for the following cash flows is 9 percent compounded quarterly. Year Cash...
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The appropriate APR for the following cash flows is 9 percent compounded quarterly. Year Cash Flow 1 $ 815 2 990 3 0 4 1,520 What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.)
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