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Home Q & A Board Science-Related Homework Help Mathematics
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jason23 jason23
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A year ago
Rank the economic values of the following cash flow streams from highest to lowest: (i) a single payment of $8000 five years from now; (ii) 40 annual payments of $300 with the first payment today; (iii) 10 annual payments of $900 with the first payment three years from now. Assume money can earn 8% compounded annually.

▸ iii; ii; i

▸ ii; iii; i

▸ iii; i; ii

▸ ii; i; iii

▸ i; iii; ii
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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windytodaiwindytodai
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A year ago
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jason23 Author
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A year ago
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Correct Slight Smile TY
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Helped a lot
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