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Find the equivalent present worth of the cash receipts in the accompanying diagram, where i = 10% compounded annually. In other words, how much do

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Find the equivalent present worth of the cash receipts in the accompanying diagram, where i = 10% compounded annually. In other words, how much do you have to deposit now (with the second deposit in the amount of $200 at the end of the first year) so that you will be able to withdraw $200 at the end of second year, 5120 at the end of third year, and so forth, where the bank pays you 10% annual interest on your balance? 300 P=? 200 100 0 V -100 Seriesi -200 -300 -400 0 1 3 4 5 2 n (y)

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