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For the cash flows given in the table below, evaluate the unknown value A. Use an interest rate of 5%. Year 0 1 2 3
For the cash flows given in the table below, evaluate the unknown value A. Use an interest rate of 5%.
| Year | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | 20,000 | -2A | -2A | -2A | -2A | -5A |
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
2nd edition
978-0077403485, 77403487, 73527130, 978-0073527130
