Calculate the future equivalent at the end of 2012, at 25% per year, of the following series of cash flows in the Figure below: Use a uniform gradient amount (G) in your solution, G=$100.
Calculate the future equivalent at the end of 2012, at 25% per year, of the following series of cash flows in the Figure below: Use a uniform gradient amount (G) in your solution, G=$100.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate the future equivalent at the end of 2012, at 25% per year, of the following series of cash flows in the Figure below: Use a uniform gradient amount (G) in your solution, G=$100.
Please include equations used and cashflow diagram
Transcribed Image Text:EOY
2009
2010
2008
2011
2012
$ 1000-3G
$1000-2G
$1000-G
$1,000
F = ?
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