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4. Consider the following cash flow diagram. What is the value of X if the present worth of the diagram is $400 and the interest

4. Consider the following cash flow diagram. What is the value of X if the present worth of the diagram

is $400 and the interest rate is 15 percent compounded annually? [5]

a. $165

b. $175

c. $200

d. $146

e. $181

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