Consider the following cash flow of company profits a, Financial Management

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Consider the following cash flow of company profits a

Consider the following cash flow of company profits. A company earns $3600 in years 1, 2, & 3, from years 4 through 7 the profits increase by $500 annually.

What is the present worth of this cash flow, if the interest rate is 9% and total years analyzed are 7.

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