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For the cash flow shown in the diagram, what is the equivalent value in year 1 at an interest rate of 10% per year. Please

For the cash flow shown in the diagram, what is the equivalent value in year 1 at an interest rate of 10% per year.

Please help us to understand this problem. We're stuck here for days. A clean and systematic solution would be the best option, thankyou!

i = 10% per year 0 1 2 3 4 5 7 8 Year $220 $270 $320 $370 $420 $470 5470

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