Determine the future equivalent value of the following cash flow pattern when interest is 6% per year. ΕΟΥ 1 Amount 2,500 2 3 2,250 2,000 4 5 6 1.750 1,500 1,250 7 1,000

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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Determine the future equivalent value of the following cash flow pattern when
interest is 6% per year.
ΕΟΥ
1
Amount 2,500
15,176.94
10,356.86
O 17,818.38
O 11,850.24
O 10,093.53
2
3
2,250 2,000
4
5
6
1.750 1,500 1,250
7
1,000
Transcribed Image Text:Determine the future equivalent value of the following cash flow pattern when interest is 6% per year. ΕΟΥ 1 Amount 2,500 15,176.94 10,356.86 O 17,818.38 O 11,850.24 O 10,093.53 2 3 2,250 2,000 4 5 6 1.750 1,500 1,250 7 1,000
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