HELP PLEASE A project has the following cash flows. Assume an interest rate...

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Accounting

HELP PLEASE

A project has the following cash flows. Assume an interest rate of 12%. What is the Equivalent Annual Annuity?

Year Cash Flow
0 -$13,260
1 $6,673
2 $8,142
3 $6,609
4 $4,096

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

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