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At an effective annual rate of i, i > 0, each of the following two...

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At an effective annual rate of i, i > 0, each of the following two sets of payments has present value K: (1) A payment of 361 immediately, and another payment of 361 at the end of one year. (ii) A payment of 400 at the end of 2 years, and another payment of 400 at the end of 3 years. Calculate K (1.a(i-v) #06] 690 0704 0 746 0 732 @ 718

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