For the cash flow shown below, determine the valup of G that makes the present worth in year 0 equals to $15800 at the interest rate of 15% per year. Year 2. 3. $4000 4000-G 4000-2G 4000-3G Cash flow
For the cash flow shown below, determine the valup of G that makes the present worth in year 0 equals to $15800 at the interest rate of 15% per year. Year 2. 3. $4000 4000-G 4000-2G 4000-3G Cash flow
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:For the cash flow shown below, determine the valup of G that makes the present worth in year 0 equals to $15800 at the
interest rate of 15% per year.
Year
2.
3.
4.
Cash flow
$4000
4000-G
4000-2G
4000-3G
Answer
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