Two sets of cash flows are shown in the table below. If thesesets are equal at 8% interest rate, determine the unknown value,X.
| Year | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash Flow, Series 1 | $125 | $100 | $75 | $50 | $25 | $0 |
| Cash Flow, Series 2 | X | 2X | 3X | 4X | 5X | 7X |
DATE
Question answered on Jul 22, 2018
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Solution~000542722.zip (18.37 KB)
