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A sum of $10,000 now (time 0) is equivalent to the following cash-flow diagram: $3,000 $B $2,000 TID 3 End of Year $2,000 1 2

A sum of $10,000 now (time 0) is equivalent to the following cash-flow diagram: $3,000 $B $2,000 TID 3 End of Year $2,000 1 2

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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 A sum of $10,000 now (time 0) is equivalent to the following cash-flow diagram: 0 $10,000 $2,000 1 2 $2,000 TI 4 5 6 End of Year $3,000 $B 3 What is the value of $B if the annual interest rate is 4%? 7 

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A sum of $10,000 now (time 0) is equivalent to the following cash-flow diagram: $3,000 $B $2,000 || HILTI 2 3 4 5 End of Year 0 $10,000 $2,000 1 6 What is the value of SB if the annual interest rate is 4%? 7
Transcribed Image Text:A sum of $10,000 now (time 0) is equivalent to the following cash-flow diagram: $3,000 $B $2,000 || HILTI 2 3 4 5 End of Year 0 $10,000 $2,000 1 6 What is the value of SB if the annual interest rate is 4%? 7
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