steephh5360 steephh5360

11-03-2024
Business

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A cash flow of $1.5 is paid 360 times per year for the next 3 years. The NAR3 is 1.5%. What is the present value of this series?
a. $1,589.15
b. $1,586.15
c. $1,583.15
d. $1,584.15

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