At the end of what time period would the present equivalent P = 7500 (P/A, 7%, 11) occur?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Consider the following CFD:
7500 7500 7500
15
14
7500 7500 7500 7500 7500 7500
+
7
8
9
10
11
12
7500 7500
At the end of what time period would the present equivalent P = 7500 (P/A, 7%, 11) occur?
13
14
Transcribed Image Text:Consider the following CFD: 7500 7500 7500 15 14 7500 7500 7500 7500 7500 7500 + 7 8 9 10 11 12 7500 7500 At the end of what time period would the present equivalent P = 7500 (P/A, 7%, 11) occur? 13 14
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