Question: For the cash flow and rate given below, what value of M will make the inflows and outflows equivalent? Compounding/y NPERY 12 APR (nom/y) NOMINAL
For the cash flow and rate given below, what value of M will make the inflows and outflows equivalent?
| Compounding/y | NPERY | 12 |
| APR (nom/y) | NOMINAL | 14.00% |
| Year | Cash Inflow | Cash Outflow |
| 0 | $30,000 | ($15,000) |
| 1 | $8,600 | ($39,000) |
| 2 | +15*M | -147*M |
| 3 | +112*M | ($19,000) |
| 4 | $32,000 | $0 |
| 5 | $7,000 | ($21,500) |
| 6 | +50*M | ($17,500) |
| 7 | $0 | ($64,500) |
| 8 | $34,500 | -116*M |
Group of answer choices
$13,875
-$1,933
-$786
-$1,102
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