In computing the equivalent present worth of each given cash flow series at period zero, which of the following expressions is incorrect? (a) P= $500(P/A, i, 4)(P/F, i, 4). (b) P = $500(F/A, i, 4)(P/F, i, 7). (c) P = $500(P/A, i, 7) – $100(P/A, i, 3). (d) P= $500[(P/F, i, 4) + (P/F, i, 5) + (P/F, i, 6) + (P/F, i, 7)].
In computing the equivalent present worth of each given cash flow series at period zero, which of the following expressions is incorrect? (a) P= $500(P/A, i, 4)(P/F, i, 4). (b) P = $500(F/A, i, 4)(P/F, i, 7). (c) P = $500(P/A, i, 7) – $100(P/A, i, 3). (d) P= $500[(P/F, i, 4) + (P/F, i, 5) + (P/F, i, 6) + (P/F, i, 7)].
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![In computing the equivalent present worth of each given cash flow series at
period zero, which of the following expressions is incorrect?
(a) P= $500(P/A, i, 4)(P/F, i, 4).
(b) P = $500(F/A, i, 4)(P/F, i, 7).
(c) P = $500(P/A, i, 7) – $100(P/A, i, 3).
(d) P = $500[(P/F, i, 4) + (P/F, i, 5) + (P/F, i, 6) + (P/F, i, 7)]-
|](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F010be161-fb21-45cb-9e61-ba3411938def%2F1f6b6960-bb7f-49c9-8c80-72c6c126bb18%2Fnwpy4oi_processed.png&w=3840&q=75)
Transcribed Image Text:In computing the equivalent present worth of each given cash flow series at
period zero, which of the following expressions is incorrect?
(a) P= $500(P/A, i, 4)(P/F, i, 4).
(b) P = $500(F/A, i, 4)(P/F, i, 7).
(c) P = $500(P/A, i, 7) – $100(P/A, i, 3).
(d) P = $500[(P/F, i, 4) + (P/F, i, 5) + (P/F, i, 6) + (P/F, i, 7)]-
|
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