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What value of x in below cash flow will make the annual worth from year 1 through 7 equal to 300/year if the interest rate
What value of x in below cash flow will make the annual worth from year 1 through 7 equal to 300/year if the interest rate is 10%/year.
Year 0 1 2 3 Cash Flow 200 200 200 200 Year 4 5 6 7 Cash Flow X 200 200 200
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Current Value 200 200 200 200 200 1010 1010 2 1 010 3 1010 1 010 ...
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Business Statistics
Authors: Robert A. Donnelly
2nd Edition
0321925122, 978-0321925121
