For the cash flows shown, determine the equivalentuniform

Chapter 4, Problem 4.35

(choose chapter or problem)

For the cash flows shown, determine the equivalentuniform annual worth in years 1 through 5 at aninterest rate of 18% per year, compounded monthly. Year 1 2 3 4 5Cash Flow, $ 0 0 350,000 350,000 350,000

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