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For the cash flows shown in the diagram, determine the value of x and 2x that will make the future worth in year 13.00
For the cash flows shown in the diagram, determine the value of x and 2x that will make the future worth in year 13.00 equal to $475,000. (Round the final answers to three decimal places.) 01 i = 10% per year 2 3 4 5 6 7 8 ||||||| 2x 2x 2x 2x X X The value of x is determined to be $ 89686.155 The value of 2x is determined to be $ 179372.310 X
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Elementary Statistics A Step By Step Approach
Authors: Allan Bluman
8th Edition
73386103, 978-0073386102
