For the cash flow given below, the annual uniform deposit (A) that yields an equal blance by the end of n =8 years is closest to: i= 12% 3 4! n-1 $500 -$700 S900 $1100
For the cash flow given below, the annual uniform deposit (A) that yields an equal blance by the end of n =8 years is closest to: i= 12% 3 4! n-1 $500 -$700 S900 $1100
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
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:QUESTION 4
For the cash flow given below, the annual uniform deposit (A) that yields an equal blance by the end of n =8 years is
closest to:
i= 12%
3
411
n-1
$500
$700
$900
$1100
A
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