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The future worth in year 8 for the cash flows shown is $38,000. At an interest rate of 7% per year, what is the value,

image text in transcribed The future worth in year 8 for the cash flows shown is $38,000. At an interest rate of 7% per year, what is the value, x, of the cash flow in year 4 ? The value of x is determined to be $

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