Question: Initial Outlay -$5,000 Year $3,000 Year 2 3,500 Year 3 $3,200 Year 4 $2,800 Year 5 $2,500 What is the EAA if the discount rate

Initial Outlay -$5,000 Year $3,000 Year 2 3,500 Year 3 $3,200

Initial Outlay -$5,000 Year $3,000 Year 2 3,500 Year 3 $3,200 Year 4 $2,800 Year 5 $2,500 What is the EAA if the discount rate is 20%? Round to the penny. Type only numbers without any unit ($, %, etc.)

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