5. Four different choices are given to determine the unknown value of "X" from the cash flow diagram given below. Use an interest rate of i=6%. $20K 1 2 4 $1.600 $1,700 $1.800 $2,000 $1.900 X

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.12: Uneven, Or Irregular, Cash Flows
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5. Four different choices are given to determine the unknown value of "X" from the cash
flow diagram given below. Use an interest rate of i=6%.
$20K
1
2
4
$1,600
$1,700
$1.800
$2,000 $1.900
X
Transcribed Image Text:5. Four different choices are given to determine the unknown value of "X" from the cash flow diagram given below. Use an interest rate of i=6%. $20K 1 2 4 $1,600 $1,700 $1.800 $2,000 $1.900 X
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