2. [This question is worth 3 points] Consider the series of cash flows shown in the...

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2. [This question is worth 3 points] Consider the series of cash flows shown in the figure below. Find the economic equivalence of this series (i.e. all of the individual cash flows) at the end of year 6. Assume that the interest rate is 7% compound interest per year. 0 V =? $1,425 $1,425 $1,425 $1,425 $1,425 $1,425 1 2 $575 3 st 4 5 6 7 8 9 10 11 $327 $680 $327 2. [This question is worth 3 points] Consider the series of cash flows shown in the figure below. Find the economic equivalence of this series (i.e. all of the individual cash flows) at the end of year 6. Assume that the interest rate is 7% compound interest per year. 0 V =? $1,425 $1,425 $1,425 $1,425 $1,425 $1,425 1 2 $575 3 st 4 5 6 7 8 9 10 11 $327 $680 $327