4.(20 points) Consider each of the following deposit cash flow series. What will the final balance...
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4.(20 points) Consider each of the following deposit cash flow series. What will the final balance be (e.g., future equivalent value) after the final deposit? Assume the account earns 10% interest compounded annually. a) Year 0 12 3 Cash Flow/$ 25 50 75 100 125 150 3 Year 012 Cash Flow/S 35 60 75 110 135 160 (Hint: notice the difference between the cash flow in (b) and (a)) Method: Factor and Excel. Turn in both solutions b) 4.(20 points) Consider each of the following deposit cash flow series. What will the final balance be (e.g., future equivalent value) after the final deposit? Assume the account earns 10% interest compounded annually. a) Year 0 12 3 Cash Flow/$ 25 50 75 100 125 150 3 Year 012 Cash Flow/S 35 60 75 110 135 160 (Hint: notice the difference between the cash flow in (b) and (a)) Method: Factor and Excel. Turn in both solutions b)
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Step 12 AMOUNTS ARE IN CALCULATIONS REGARDING POINT a OPENINNG BAL ANCE AT THE BE GININNG OF ... View the full answer
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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