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Note: The answer is just one value. What is the value of Y so that the two cash flows given below are economically equivalent for
Note: The answer is just one value.
What is the value of Y so that the two cash flows given below are economically equivalent for an annual compound interest of 4.9%? Note: Y could be positive or negative Cash flow Year 1: ($)-341 Year 2: ()-85 Year 3: ($) 106 Year 4: ($) 629 Year 5: ($)-654 Cash flow Year 1: ($) 0 Year 2: ($)Y Year 3: ($)198 Year 4: ($) 0 Year 5: ($)-137Step by Step Solution
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