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How to calculate this function? Show the stepts. $1044.89 = $100/(1 + i) + $100/(1 +...

How to calculate this function? Show the stepts.

$1044.89 = $100/(1 + i) + $100/(1 + i) 2 + $1,000/(1 + i) 2

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Answer #1

Answer:

i=0.075 or i=−1.979296

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