Consider the following cash flow diagram. What value of C makes the inflow series equivalent to the
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Consider the following cash flow diagram. What value of C makes the inflow series equivalent to the outflow series at an interest rate of 12% compounded annually?
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$1,200 $1,200 $1,200 $1,200 $800 $800 $800 $800 1 2 C C C с с C Years 20
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