Question: What is the time 2 cash flow that will make the time 0 value of this time line equal to $2,475.45? Assume the interest rate
What is the time 2 cash flow that will make the time 0 value of this time line equal to $2,475.45? Assume the interest rate is 10%.
| Date | Cash Flow |
| 0 | $1,000 |
| 1 | $200 |
| 2 | ? |
| 3 | $600 |
$65
$500
$550
$375
-$80
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