From the accompanying cash flow diagram, find the value of C that will establish the economic equivalence

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From the accompanying cash flow diagram, find the value of C that will establish the economic equivalence between the deposit series and the withdrawal series at an interest rate of 8% compounded annually.
(a) $1,335
(b) $862
(c) $1,283
(d) $828

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Question Posted: Apr 21, 2016 06:34 AM

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From the accompanying cash flow diagram, find the value of C that will establish the economic equivalence

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$6000 Years I i 9 10

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Contemporary Engineering Economics

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