4. Project A requires an investment of 4000 today. The investment pays 2000 one year from today and 4000 two years from today. Project B requires an investment of X two years from today. The investiment pays 2000 today and 4000 one year from today. The net present values of the two projects are equal at an annual effective interest rate of 10%. Calculate X.

Advanced Engineering Mathematics
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ISBN:9780470458365
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4. Project A requires an investment of 4000 today. The investment pays 2000 one
year from today and 4000 two years from today. Project B requires an investment
of X two years from today. The investment pays 2000 today and 4000 one year
from today. The net present values of the two projects are equal at an annual
effective interest rate of 10%. Calculate X.
Transcribed Image Text:4. Project A requires an investment of 4000 today. The investment pays 2000 one year from today and 4000 two years from today. Project B requires an investment of X two years from today. The investment pays 2000 today and 4000 one year from today. The net present values of the two projects are equal at an annual effective interest rate of 10%. Calculate X.
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