For the following cash flow diagram, the equation that represents the equivalent at the end of (year 4) :at 8% per year interest is $3,500 $3.500 $3.500 $3.500 Years .a 3,500+3,500(P/A,8%,3)+(F/P,8%,5)24,000- .b 3,500+3,500(P/A,8%,3)+(F/P,8%,4)24,000- 3,500(P/A,8%,4)+(F/P,8%,4)24,000- .d -24,000(F/P,8%,5)+3,500(P/A,8%,4)
For the following cash flow diagram, the equation that represents the equivalent at the end of (year 4) :at 8% per year interest is $3,500 $3.500 $3.500 $3.500 Years .a 3,500+3,500(P/A,8%,3)+(F/P,8%,5)24,000- .b 3,500+3,500(P/A,8%,3)+(F/P,8%,4)24,000- 3,500(P/A,8%,4)+(F/P,8%,4)24,000- .d -24,000(F/P,8%,5)+3,500(P/A,8%,4)
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:For the following cash flow diagram, the equation
that represents the equivalent at the end of (year 4)
:at 8% per year interest is
ITIT
$3.500
$3.500
$3,500
$3.500
4.
Years
$24
3,500+3,500(P/A,8%,3)+(F/P,8%,5)24,000-
.b
3,500+3,500(P/A,8%,3)+(F/P,8%,4)24,000-
.C
3,500(P/A,8%,4)+(F/P,8%,4)24,000-
.d
O -24,000(F/P,8%,5)+3,500(P/A,8%,4)
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