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The present value of the following cash flow stream is $8,800 when discounted at 9.8 percent annually. What is the value of the missing cash

The present value of the following cash flow stream is $8,800 when discounted at 9.8 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 $2400

2 ?

3 $3000

4 $3600

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