For the cash flow and rate given below, what value of M will make

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For the cash flow and rate given below, what value of M will make the inflows and outflows equivalent?

Compounding/yNPERY12
APR (nom/y)NOMINAL14.00%
YearCash InflowCash Outflow
0$30,000($15,000)
1$8,600($39,000)
2+15*M-147*M
3+112*M($19,000)
4$32,000$0
5$7,000($21,500)
6+50*M($17,500)
7$0($64,500)
8$34,500-116*M

Group of answer choices

$13,875

-$1,933

-$786

-$1,102

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