I need the cash flow brawn it Two receipts of $1,000 each are .1 desired at the end of years 3 and 4. Given that interest rates are 8%, 8.5 %, 9% and 10% for years 1,2,3 and 4 respectively, determine the equal payment amount made at the end of years 1, 2 and 3 that is equivalent to those two receipts. Sketch the appropriate cash flow and outline your calculations clearly. Adding an excel sheet that supports your calculations is advantageous

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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I need the cash flow brawn it Two receipts of $1,000 each are .1 desired at the
end of years 3 and 4. Given that interest rates are 8%, 8.5 %, 9% and 10% for
years 1, 2, 3 and 4 respectively, determine the equal payment amount made at
the end of years 1, 2 and 3 that is equivalent to those two receipts. Sketch the
appropriate cash flow and outline your calculations clearly. Adding an excel
sheet that supports your calculations is advantageous
Transcribed Image Text:I need the cash flow brawn it Two receipts of $1,000 each are .1 desired at the end of years 3 and 4. Given that interest rates are 8%, 8.5 %, 9% and 10% for years 1, 2, 3 and 4 respectively, determine the equal payment amount made at the end of years 1, 2 and 3 that is equivalent to those two receipts. Sketch the appropriate cash flow and outline your calculations clearly. Adding an excel sheet that supports your calculations is advantageous
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