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| rev | Admin | (Created page with "Your cousin is entering medical school next fall and asks you for financial help. He needs $65,000 each year for the first two years. After that, he is in residency for two years and will be able to pay you back $10,000 each year. Then he graduates and becomes a fully qualified doctor, and will be able to pay you $40,000 each year. He promises to pay you $40,000 for 5 years after he graduates. Assuming a discount rate of 5%, determine the net present value associated w...") | Dec 5'23 at 0:11 | +892 |