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(PROBLEM #1 - 25 marks) Based on the following cash flows, calculate the net equivalent Future Worth at t=12, assuming the annual interest rate is
(PROBLEM #1 - 25 marks) Based on the following cash flows, calculate the net equivalent Future Worth at t=12, assuming the annual interest rate is 6%. Show your calculation procedures! F12=? - $200 $200 $200 $200 $200 $160 $1205140 $100 Year 6 7 8 9 10 11 -$400
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