5.4 Consider the accompanying cash flow diagram Compute the equivalent annual worth at i = 14%. $9,000 $7,500 $6,000 $4,500 1 4 Years $4,500

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
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6.4 Consider the accompanying cash flow diagram
Compute the equivalent annual worth at i = 14%.
$9,000
$7,500
$6,000
$4,500
0.
1
4
Years
$4,500
Figure P6.4
Transcribed Image Text:6.4 Consider the accompanying cash flow diagram Compute the equivalent annual worth at i = 14%. $9,000 $7,500 $6,000 $4,500 0. 1 4 Years $4,500 Figure P6.4
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