Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C -$1.000 -$2.680 $2,.990 1.5X $2,690 2.0X $2,390 2Y 4 2.5X $2.090 2Y 3.0X $1,790 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 14% per year compounded ye X: $ Carry al interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 45.

Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C -$1.000 -$2.680 $2,.990 1.5X $2,690 2.0X $2,390 2Y 4 2.5X $2.090 2Y 3.0X $1,790 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 14% per year compounded ye X: $ Carry al interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 45.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Consider the following three cash flow series:
End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C
-$1.000
-$2,680
Y
1
$2,990
1.5X
$2,690
Y
3
2.0X
$2,390
2Y
2.5X
$2,090
2Y
3.0X
$1,790
2Y
Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 14% per year compounded yearly.
X: $
Y: $
Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is t5.

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