Consider the accompanying cash-flow diagram. (See Figure P4-49.) a. If P = $1, 000, A = $200,
Question:
a. If P = $1, 000, A = $200, and i% = 12% per year, then N=?
b. If P = $1, 000, A = $200, and N=10 years, then i =?
c. If A = $200, i% = 12% per year, and N = 5 years, then P = ?
d. If P = $1,000, i% = 12% per year, and N = 5 years, then A = ?
Figure P4-49:
Transcribed Image Text:
Alyear 3 N-1 2 2 3 End of Year 5 4 Interest = i%/year
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a P A PA i N 1000 200PA 12 N PA 12 N 50000 By looking at the 12 interest tab...View the full answer
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Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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