In the following cash flows diagram, Determine the value of F that makes the two cash flows diagrams equivalent if the interest rate i = 12% per year? NOTE: if you need to calculate the interest rate, always take the first 4 digits (0.xxxx) 100 100 100 100 100 100 F I2 3 4 5 End of Year End of Year a. $428 b. $596 c. $704 O d. $686

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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In the following cash flows diagram, Determine the
value of F that makes the two cash flows diagrams
equivalent if the interest rate i = 12% per year?
NOTE: if you need to calculate the interest rate,
always take the first 4 digits (0.XXxx)
100 100 100 100
100 100
F
2 3 4 5
012 3
End of Year
End of Year
O a. $428
b. $596
c. $704
d. $686
Transcribed Image Text:In the following cash flows diagram, Determine the value of F that makes the two cash flows diagrams equivalent if the interest rate i = 12% per year? NOTE: if you need to calculate the interest rate, always take the first 4 digits (0.XXxx) 100 100 100 100 100 100 F 2 3 4 5 012 3 End of Year End of Year O a. $428 b. $596 c. $704 d. $686
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