In the following cash flows diagram, Determine the value of F that makes the two cash flows diagrams equivalent if the interest rate i = 12% per year? 100 100 100 100 100 100 F 012 3 45 6 1 2 3 4 End of Year End of Year a. $428 b. $596 c. $704 d. $686

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In the following cash flows diagram,
Determine the value of F that makes the two
cash flows diagrams equivalent if the
interest rate i = 12% per year?
100 100 100 100
100 100
F
1
5
End of Year
End of Year
O a. $428
O b. $596
O c. $704
d. $686
Transcribed Image Text:In the following cash flows diagram, Determine the value of F that makes the two cash flows diagrams equivalent if the interest rate i = 12% per year? 100 100 100 100 100 100 F 1 5 End of Year End of Year O a. $428 O b. $596 O c. $704 d. $686
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