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Find the value of x that makes the equivalent annual worth in years 1 through 11 equal to S600 per year, use an interest rate
Find the value of x that makes the equivalent annual worth in years 1 through 11 equal to S600 per year, use an interest rate of 12% per year. The cash flows in year O and year 11 has an unknown value x, and 1 through 10 has an annual worth of $600 The value of x is determined to be $
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