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Question 8 What is the correct numerical value for the following factor from the compound interest table? (P/F,4%,8) a) 1.3686 b) 0.22192 O c) 0.73069 d) 9.2142

Question 8 What is the correct numerical value for the following factor from the compound interest table? (P/F,4%,8) a) 1.3686 b) 0.22192 O c) 0.73069 d) 9.2142

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Question 8 What is the correct numerical value for the following factor from the compound interest table? (P/F,4%,8) a) 1.3686 b) 0.22192 c) 0.73069 (d) 9.2142 Question 9 What is the future worth 7 years from now of a present cost of 200,000 at an interest rate of 0.06 per year? Your Answer: Question 10 An investment has the following cash flow series where interest is 3%, Find P: End of Year 0 1 2 3 4 5 6 7 8 Cash Flow ($) 150 300 450 0-500 0 600 700 800
Transcribed Image Text:Question 8 What is the correct numerical value for the following factor from the compound interest table? (P/F,4%,8) a) 1.3686 b) 0.22192 c) 0.73069 (d) 9.2142 Question 9 What is the future worth 7 years from now of a present cost of 200,000 at an interest rate of 0.06 per year? Your Answer: Question 10 An investment has the following cash flow series where interest is 3%, Find P: End of Year 0 1 2 3 4 5 6 7 8 Cash Flow ($) 150 300 450 0-500 0 600 700 800
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