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The present value of the following cash flow stream is $7,950 when discounted at 8.1 percent annually. What is the value of the missing cash
The present value of the following cash flow stream is $7,950 when discounted at 8.1 percent annually. What is the value of the missing cash flow? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Year | Cash Flow | |||||
1 | $ | 1,550 | ||||
2 | ||||||
3 | 2,150 | |||||
4 | 2,750 | |||||
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