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Problem 2: Consider the following cash flow diagram. What value of C makes the inflow series equivalent to the outflow series at an interest rate

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Problem 2: Consider the following cash flow diagram. What value of C makes the inflow series equivalent to the outflow series at an interest rate of 10% compounded annually? $1,600 $1,600 $1,600 $1,600 $600 $600 $600 $600 0 1 2 3 4 5 6 7 8 *+- C C C C C C Years 2C

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