Consider the series of cash inflows shown in the accompanying diagram. If the value of C is $876, what single value at the end of Year 9 is economically equivalent to these series of cash inflows at an interest rate of 8% compounded annually. Note: Round off only your final answer to two decimal places and NO need to write the $ sign. сссссссссссс с 0 1 2 3 4 5 6 7 8 9 10 11 12

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Consider the series of cash inflows shown in the
accompanying diagram. If the value of C is $876,
what single value at the end of Year 9 is
economically equivalent to these series of cash
inflows at an interest rate of 8% compounded
annually. Note: Round off only your final answer to
two decimal places and NO need to write the $ sign.
сссссссссссс с
0 1 2 3
4 5 6 7 8 9 10 11 12
Transcribed Image Text:Consider the series of cash inflows shown in the accompanying diagram. If the value of C is $876, what single value at the end of Year 9 is economically equivalent to these series of cash inflows at an interest rate of 8% compounded annually. Note: Round off only your final answer to two decimal places and NO need to write the $ sign. сссссссссссс с 0 1 2 3 4 5 6 7 8 9 10 11 12
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