135 TAA 900 900 900 10 0 2 4 1200 1500 1800 2100 On the cash flow diagrams above, the x-axis shows years. a) What is the value of K that makes the 2 cash flows equivalent if i = 8 % a year? b) What is the future value of the first cash flow if i = 8 % per year, compounded semiannually? "

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