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Use a 5 percent discount rate to compute the NPV of each of the following series of cash receipts and payments.

Use Appendix A and Appendix B. (Cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, and intermediate calculations to the nearest whole dollar amount.)  Can you help me to solve this problem as an example?

   

a.

$6,200 received now (year 0), $1,890 paid in year 3, and $4,000 paid in year 5.

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