P = ? $2,000 $2,000 $1,000 $1,000 i = 8% iz = 10% iz = 8% i4 = 6% iş = 6% i6 = 10% 1 3 4 5 6. Years 2.

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
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Determine the present equivalent value of the cash-flow diagram of the shown figure, when the annual interest rate, ik, varies as indicated.

P = ?
$2,000
$2,000
$1,000
$1,000
i = 8%
iz = 10%
iz = 8%
i4 = 6%
iş = 6%
i6 = 10%
1
3
4
5
6.
Years
2.
Transcribed Image Text:P = ? $2,000 $2,000 $1,000 $1,000 i = 8% iz = 10% iz = 8% i4 = 6% iş = 6% i6 = 10% 1 3 4 5 6. Years 2.
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