Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Value of PO Is exact $5082.94. please show the proper calculation for this!!
![Find the value of the unknown quantity, Po that establishes equivalence in the
cash-flow diagram below. Suppose į= 12% per year. Use an annuity factor, a
uniform gradient factor and geometric gradient series in your solution.
$1,400
Pe=?
$1,100
$800
$500
f-10%
BOY
$900
[11]
1 2 3 4 5 6 7 8 9 10 11 12 13
I](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa1d00f4e-21a6-4b29-bea8-d42fb327eb42%2F50611d65-aa19-47af-a5ce-429a4935404d%2F6kslj6n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Find the value of the unknown quantity, Po that establishes equivalence in the
cash-flow diagram below. Suppose į= 12% per year. Use an annuity factor, a
uniform gradient factor and geometric gradient series in your solution.
$1,400
Pe=?
$1,100
$800
$500
f-10%
BOY
$900
[11]
1 2 3 4 5 6 7 8 9 10 11 12 13
I
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