What is the equivalent annual worth of the cash flow given in the accompanying figure? Assume i = 8%. $8000 $5000 $5000 1 4 6 7 9 10 $2000 Problem 20.17 8. 3. 2.

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Solve Problem 20.17 using Excel.

What is the equivalent annual worth of the
cash flow given in the accompanying figure?
Assume i = 8%.
$8000
$5000
$5000
1
4
6
7
9
10
$2000
Problem 20.17
8.
3.
2.
Transcribed Image Text:What is the equivalent annual worth of the cash flow given in the accompanying figure? Assume i = 8%. $8000 $5000 $5000 1 4 6 7 9 10 $2000 Problem 20.17 8. 3. 2.
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