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Two cash flow transactions shown below are said to be equivalent at 10% interest compounded annually. Find the unknown value X that satisfies the equivalence.

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Two cash flow transactions shown below are said to be equivalent at 10% interest compounded annually. Find the unknown value X that satisfies the equivalence. $800 $700 $500 $300 1 2 3 5 6 X x x 0 2 3 4 5 6

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