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Extra Credit (3 points) For the cash flow diagram shown below, determine the uniform annual amount (A) over the 10 year time period (first amount

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Extra Credit (3 points) For the cash flow diagram shown below, determine the uniform annual amount (A) over the 10 year time period (first amount starting at end of year 1 and last amount at end of year 10) that is equivalent to the cash flows shown. Assume an annual interest rate of 12%. Use at least one uniform gradient factor in your solution. $700 $700 $700 $600 $575 $550 $525 $500 2 3 3 4 5 5 6 7 8 9 10 $70 $50 Extra Credit (3 points) For the cash flow diagram shown below, determine the uniform annual amount (A) over the 10 year time period (first amount starting at end of year 1 and last amount at end of year 10) that is equivalent to the cash flows shown. Assume an annual interest rate of 12%. Use at least one uniform gradient factor in your solution. $700 $700 $700 $600 $575 $550 $525 $500 2 3 3 4 5 5 6 7 8 9 10 $70 $50

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