Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C -$1,000 -$2,660 Y $3,180 Y 1.5X $2,680 Y 3 2.0X $2,180 2Y 4 2.5X $1,680 2Y 5 3.0X $1,180 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 15% per year compounded yearly. X: $ Y: $
Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C -$1,000 -$2,660 Y $3,180 Y 1.5X $2,680 Y 3 2.0X $2,180 2Y 4 2.5X $1,680 2Y 5 3.0X $1,180 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 15% per year compounded yearly. X: $ Y: $
Chapter4: Time Value Of Money
Section4.12: Uneven, Or Irregular, Cash Flows
Problem 3ST
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