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At what periodic interest rate is $2,000 cash receipt occurring today equivalent to 4 annual $600 cash disbursements? The cash disbursements occur at the end

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At what periodic interest rate is $2,000 cash receipt occurring today equivalent to 4 annual $600 cash disbursements? The cash disbursements occur at the end of each year and are the same every year for 4 years. Assume the periodic interest rate is compounded annually. 7.71% 7.00% 6.59% 5.33% 8.00% 8.10%

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