Identify and record three of personal cash flows

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Identify and record three of your personal cash flows. Because personal information is confidential, please use fictitious numbers. However, the type of cash flow should be logical and realistic. Which cash flows function as annuities? Calculate the present value and future value of each cash flow. Choose your own interest rate, but identify it and justify it. Use PV / FV formulas

Use these as the examples:

Home mortgage - $1000 month / 4% interest rate

Auto loan - $500 month / 6% interest rate

Student loans - $400 month / 5% interest rate

Reference no: EM133062013

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