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What equal annual series over the next five years is equivalent to the following cash flow profile? The interest rate is 10% per year compounded
What equal annual series over the next five years is equivalent to the following cash flow profile? The interest rate is 10% per year compounded annually.
End of year 0 1 2 3 4 5
Cash Flow 0 1,000 500 0 -500 -1,000
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