4 1000 1200 1400 1800 2000 2200 2400 3.

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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The future worth in year 8 for the cash flows shown
is $20,000. At an interest rate of 10% per year,
what is the value, x, of the cash flow in year 4? 

4
1000
1200
1400
1800
2000
2200
2400
3.
Transcribed Image Text:4 1000 1200 1400 1800 2000 2200 2400 3.
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