What is the present value of all these cash flows

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Assume that you got $15000 in the bank, that you are going to receive $300 three times a year until the day of your retirement (20 years from now). You also need to pay $300 every year for 15 more years. (Student loans). You know from your retirement that you will receive deposits of $6000 annually for 20 years after you retire. What is the present value of all these cash flows if the annual interest rate is 6%.

Reference no: EM131567256

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