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please help me solve Find the value of x that makes the equivalent annual worth in years 1 through 9 equal to $800 per year
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Find the value of x that makes the equivalent annual worth in years 1 through 9 equal to $800 per year Use an interest rate of 9% per year. The cash flows in year 0 and year 9 has an unknown value x, and 1 through 8 has an annual worth of $800. The value of x is determined to be $ Step by Step Solution
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