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Growth rates You are given the series of cash flows shown in the following table. Cash flows Year 1 $500 $1,500 $2,500 2 560 1,550
Growth rates You are given the series of cash flows shown in the following table. Cash flows Year 1 $500 $1,500 $2,500 2 560 1,550 2,600 3 640 1,610 2,650 4 720 1,680 2,650 1,7602,800 1,850 2,850 1,950 2,900 5 S00 2,060 2,170 2,280 10 a. Calculate the compound annual growth rate between the first and last payment in each stream
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