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6. Given the cash flow profiles shown below, determine the value of X such that the two cash flow profiles are equivalent at 8% compounded

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6. Given the cash flow profiles shown below, determine the value of X such that the two cash flow profiles are equivalent at 8% compounded annually. End of year CF(A) CF03) 1 -$12,000 -$X 2 1 ,000 7,000 3 4,000 9,000 4 6,000 10,000 5 7,000 10,000 6 5,000 7,000

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