For the below cash flow, knowing that: i=10% per year Present equivalent = 500 3000 O a. 484.68 O b. 225.64 ○ c. 500 O d. 724.31 10 11 12 13 14 15 16 17 18 19 1000
For the below cash flow, knowing that: i=10% per year Present equivalent = 500 3000 O a. 484.68 O b. 225.64 ○ c. 500 O d. 724.31 10 11 12 13 14 15 16 17 18 19 1000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:For the below cash flow, knowing that:
i=10% per year
Present equivalent = 500
3000
O a. 484.68
O b. 225.64
○ c. 500
O d. 724.31
10 11 12 13 14 15 16 17 18
19
1000
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