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you owed $ 7000 and is to be the repaid in 6 years( equal end of...


you owed $ 7000 and is to be the repaid in 6 years( equal end of year payment) together with 8% annual interest.After 3 years the interest rate drop down to 6% (rest payment made accordingly). using the concept of interest rate of return show that by representing a cash flow table the total undercovered investment equal to zero total investment unrecovered at the end of the life of the investment. mention each year amount what will be the total interest amount to be paid after 6 years represent each year amount also represent the scenario in the form of cash flow diagram.

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