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effective rate of 10% MANUAL SOLUTION 2. In the diagram below, what is the value of K on the left hand cash flow that is

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effective rate of 10%

MANUAL SOLUTION

2. In the diagram below, what is the value of K on the left hand cash flow that is equivalent to the right hand cash flow? 650 540 430 320 210 100 0 1 4 5 0 1 2 2 3 End of Year 3 4 5 6 7 End of Year Act

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