Question: Consider the following cash flow: Year Cash Flow 0...................................-$400 1...........................................0 2....................................+200 3....................................+350 4....................................+100 5......................................+50 Write one equation, with i as the only unknown, for the
Consider the following cash flow:
Year Cash Flow
0...................................-$400
1...........................................0
2....................................+200
3....................................+350
4....................................+100
5......................................+50
Write one equation, with i as the only unknown, for the cash flow. In the equation you are not to use more than two single payment compound interest factors. (You may use as many other factors as you wish.) Then solve your equation for i.
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