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Potter wishes to deposit a sum that at 12 interest

Problem - Present Value for Two Future Cash Flows

Potter wishes to deposit a sum that at 12% interest, compounded semiannually, will permit 2 withdrawals: $40,000 at the end of 4 years and $50,000 at the end of 10 years. Analyze the problem to determine the required deposit.

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Accounting Basics: Potter wishes to deposit a sum that at 12 interest

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Accounting Basics: Potter wishes to deposit a sum that at 12 interest

Reference No:- TGS02534142

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