Question: Can you please solve it without excel? Also, please show all the formulas and steps. Thanks. 5-62 Compute the present value, P, for the following

Can you please solve it without excel? Also, please show all

Can you please solve it without excel? Also, please show all the formulas and steps. Thanks.

5-62 Compute the present value, P, for the following cash flows (assume series repeats forever) 1000 1000 400 300 200 400 A 300 200 0-1-2-3-4-5-6-7-8-9-10-11-12-13-00 i = 8%

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