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Unformatted text preview: Problem 3. (25 points) What is the equivalent present value of the following set of cash flows? End of 1 st year: $1000 End of 3 rd year: $500 End of 6 th year  through end of 15 th year: $400 Note: There are twelve separate items in the above list, and assume that t = 0 at the present time and that t = n at the end of the n th year. Assume an interest rate of 6% for your calculations. Problem 4. (25 points) If you deposited the above set of cash flows in the bank at 6% interest, how much money would you have in your account at the end of year thirty, i.e. t = 30....
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This note was uploaded on 06/09/2009 for the course ECE 4001 taught by Professor Frazier during the Fall '09 term at Georgia Institute of Technology.
 Fall '09
 FRAZIER

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