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What is the amount $R that makes the two cash-flow diagrams below equivalent? The interest rate is 10% compounded continuously. 500 R R R 500 500 500500 0 1

What is the amount $R that makes the two cash-flow diagrams below equivalent? The interest rate is 10% compounded continuously. 500 R R R 500 500 500500 0 1

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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What is the amount $R that makes the two cash-flow diagrams below equivalent? The interest rate is 10% compounded continuously. 500 R R R 500 500 500500 0 1 3 4 5 6 2 3 4 5 500 EOY 500 EOY 1,000
Transcribed Image Text:What is the amount $R that makes the two cash-flow diagrams below equivalent? The interest rate is 10% compounded continuously. 500 R R R 500 500 500500 0 1 3 4 5 6 2 3 4 5 500 EOY 500 EOY 1,000
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