Find the value of x which results in the present worth of the cash flow equal...

 

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Find the value of x which results in the present worth of the cash flow equal zero using an interest rate of 6.00%. Year 0 1 Cash Flow 0 2x 2 X 3 $400 4 $400 5 $400 $400 6 7 $400 8 $2500 You deposit $2,000 in your account today. Each year, your increase this payment by 8% per year. If interest rate is 8%, what is the amount in the account at the end of 15 years including the payment in year 15? Find the value of x which results in the present worth of the cash flow equal zero using an interest rate of 6.00%. Year 0 1 Cash Flow 0 2x 2 X 3 $400 4 $400 5 $400 $400 6 7 $400 8 $2500 You deposit $2,000 in your account today. Each year, your increase this payment by 8% per year. If interest rate is 8%, what is the amount in the account at the end of 15 years including the payment in year 15?

Answer rating: 100% (QA)

SOLUTION To find the value of x that results in the present worth of the cash flow equal to zero we ... View the full answer