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In detail and show all steps The two cash flow transactions shown in the accompanying cash flow diagram are said to be equivalent at 7%
In detail and show all steps
"The two cash flow transactions shown in the accompanying cash flow diagram are said to be equivalent at 7% interest compounded annually. Find the unknown value of X that satisfies the equivalence. Also calculate the Present Worth of the first series of cash flows using a P/G factor to check the answer $200 $200 $150 $150 $100 S100 0 2 345 Years Years
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