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home / study / math / statistics and probability / statistics and probability questions and answers / kindly help solve this correctly. please do not use excel solver. thank you. suppose you have ...
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Question: KIndly help solve this correctly. Please do not use Excel solver. Thank you. Suppose you have a u...
KIndly help solve this correctly. Please do not use Excel solver. Thank you.
Suppose you have a uniform series of $10,000 cash flows (each cash flow = $10,000) over the interval [1,10]. Based on an interest rate of 6%:
(a) What is the equivalent uniform series over the interval [11,20]?
(b) What is the equivalent uniform series over the interval [15,25]?
(c) What is the equivalent uniform series over the interval [8,18]?
(d) What is the equivalent uniform series over the interval [8,14]?
Kindly solve correctly with steps. I really want to know how to do this. Thanks for your help
Note.
The answer to part (a) is $17908 in the solution manual. The first person got it all wrong.
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