33. From the cash flow diagram, find the value of A that will establish economic equivalence with the given deposit and withdrawals at an interest rate of 12%. [3] $10000 $7000 $6000 $5000 i= 12% $4000 10 11 12 $1000 a. $1,974 c. $4,000 b. $3,048 d. $6,612

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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33. From the cash flow diagram, find the value of A that will establish economic equivalence with
the given deposit and withdrawals at an interest rate of 12%.
[3]
$10000
$7000
$6000
I= 12%
$5000
$4000
10
11
12
A
A
$1000
a. $1,974
c. $4,000
b. $3,048
d. $6,612
Transcribed Image Text:33. From the cash flow diagram, find the value of A that will establish economic equivalence with the given deposit and withdrawals at an interest rate of 12%. [3] $10000 $7000 $6000 I= 12% $5000 $4000 10 11 12 A A $1000 a. $1,974 c. $4,000 b. $3,048 d. $6,612
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