In computing F at the end of year 5 at an interest rate of 12%, which of the following equations is incorrect?
(A)F=$1,000(F/A, 12%, 5)- $500(F/P, 12%,5)

(B)F=$500(F/A, 12%, 6) + $500(F/A, 12%, 5)

(C)F=[$500+$1,000(P/A, 12%, 5)] ×(F/P, 12%, 5)

(D)F=[ $500(A/P, 12%, 5)+ $1,000 ]×(F/A, 12%, 5)
 

Transcribed Image Text:

(10) Consider the following cash flow table. Year End 0 1-5 Payment $500 $1,000 (10) Consider the following cash flow table. Year End 0 1-5 Payment $500 $1,000

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computing F at the end of year 5 at an interest rate of 12 the following equations is incorre... View the full answer