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Two lump sum cash flows (each one is $1,000) located at year 3 and year 6. Combining these two cash flows into one, based on
Two lump sum cash flows (each one is $1,000) located at year 3 and year 6. Combining these two cash flows into one, based on time value of money theory, and find its equivalent annual annuity amount located from year 3 to year 7 at an annual interest rate of 10%?
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