No hand written solution Question 1.7Consider the cash flow series given in the following diagram. What valueof C makes the deposit series equivalent to the withdrawal series at an interest rate of 7%compounded annually?C345$450[III]0$1,500$1,15010A) $547.69B) $565.13C) $583.27D) Answers A, B and C are not correct.21$80017502C6A) $3,956.02B) $4,114.87C) $4,341.53D) Answers A, B and C are not correctQuestion 1.8You will do 5 annual deposits according to the following schedule. At theend of the first year you will deposit $1,750 and subsequent deposits increase at a rate of 5% peryear. Last deposit is at the end of year 5. Then, starting at the end of the sixth year, you do 4equal annual withdrawals. If the interest rate is 12% compounded annually, what is the amountof each withdrawal assuming that your bank balance will be zero at the end of ninth year?3C234567ஆன்1750(1 + 0.05)¹1750(1 + 0.05)²1750 (1 + 0.05)³1750(1 + 0.05)47%124C889

Question 1.7 Consider the cash flow series given in the following diagram. What value of C makes the deposit series equivalent to the withdrawal series at an interest rate of 7% compounded annually? 0 $1,500 1 $1,150 N $800 3 $450 A) $547.69 B) $565.13 C) $583.27 D) Answers A, B and C are not correct 4 5 2C 6 3C 7 4C 8

Question 1.7 Consider the cash flow series given in the following diagram. What value of C makes the deposit series equivalent to the withdrawal series at an interest rate of 7% compounded annually? 0 $1,500 1 $1,150 N $800 3 $450 A) $547.69 B) $565.13 C) $583.27 D) Answers A, B and C are not correct 4 5 2C 6 3C 7 4C 8

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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