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could you explain please Determine the annual uniform series of cash flow in years 1 to 6 using the cash flows in the table below.
could you explain please
Determine the annual uniform series of cash flow in years 1 to 6 using the cash flows in the table below. The periodic interest rate is 10.8% compounded yearly. The cash flows are made at the end of each year. Factors should be rounded to at least four decimal places for accuracy. Selected Answer: 208,407.14 Correct Answer: 47,023.851%Step by Step Solution
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