Value of PO Is exact $5082.94. please show the proper calculation for this

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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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
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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