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Question 1.6 (10pts) Consider the cash flow series given in the following diagram. What value of C makes the deposit series equivalent to the withdrawal
Question 1.6 (10pts) Consider the cash flow series given in the following diagram. What value of C makes the deposit series equivalent to the withdrawal series at an interest rate of 7% compounded annually? 40 3c 20 0 1 2 3 4 5 6 7 8 $450 $800 $1,150 $1,500
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