SweetPeony8814 SweetPeony8814

07-03-2024
Business

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For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is 3,600, and the interest rate is 6.00% per year.
a) 3,600
b) 3,396.23
c) 2,849.06
d) 3,207.55

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