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Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X In 2 years from today. What is X? O The amount can not be determined or does not exist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)

Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X In 2 years from today. What is X? O The amount can not be determined or does not exist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X in 2 years from today. What is X? O The amount can not be determined or does not axist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)
Transcribed Image Text:Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X in 2 years from today. What is X? O The amount can not be determined or does not axist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)
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