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Please show work Consider the following cash flow profile: EOY Cash Flow 0 $45,000 1 $12,000 2 $11,000 3 $10,000 4 $9,000 5 $8,000 6

Please show work

Consider the following cash flow profile:

EOY

Cash Flow

0

$45,000

1

$12,000

2

$11,000

3

$10,000

4

$9,000

5

$8,000

6

$7,000

7

$6,000

8

$5,000

With a compounded annual interest rate of 6%, what single sum of money at the end of the sixth year will be equivalent to the cash flow series?

$13,725.46

Please show work for problem #90

In Problem 90, what uniform annual series over [4,7] will be equivalent to the cash flow profile if money is worth 6% compounded annually?

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