Business
Business, 07.03.2020 04:23, grahuntley31

Dave makes payments of 100 at the end of year 1, 300 at the end of year 3, 500 at the end of year 5 and so on until he makes his final deposits of 2,100 at the end of year 21. Find the present value of Dave's deposits using an annual effective rate of 4%.

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Dave makes payments of 100 at the end of year 1, 300 at the end of year 3, 500 at the end of year 5...

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