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For the cash flows shown in the diagram, determine the value of x and 2x that will make the future worth in year 14 equal to $275,000. i = 10% per year 1 2 3 4 X X X X 2x 2x 2x 2x The value of x is determined to be $ The value of 2x is determined to be $

For the cash flows shown in the diagram, determine the value of x and 2x that will make the future worth in year 14 equal to $275,000. i = 10% per year 1 2 3 4 X X X X 2x 2x 2x 2x The value of x is determined to be $ The value of 2x is determined to be $

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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For the cash flows shown in the diagram, determine the value of x and 2x that will make the future worth in year 14 equal to $275,000. i = 10% per year 2 3 4 5 6 7 8 2x 2x 2x 2x The value of x is determined to be $ The value of 2x is determined to be $
Transcribed Image Text:For the cash flows shown in the diagram, determine the value of x and 2x that will make the future worth in year 14 equal to $275,000. i = 10% per year 2 3 4 5 6 7 8 2x 2x 2x 2x The value of x is determined to be $ The value of 2x is determined to be $
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