Question: Please draw cash flow diagram and show proper notation in equations, for example (P/A,10%,5). Also show steps to get solution. Thumbs up will be given,
Please draw cash flow diagram and show proper notation in equations, for example (P/A,10%,5). Also show steps to get solution. Thumbs up will be given, thank you. Unblurred image reposted below.
Please draw cash flow diagram and show proper notation, for example (P/A 10%,5) Also show steps to get solution. Thumbs up will be given. Thank you Problem 4 (25 points) The supplier of certain suspension system parts for General Motors wants to have a contingency fund that it can draw on during down periods of the economy. The company wants to have $19 million in the fund 5 years from now. If the company deposits $25 million now, determine the uniform amount to add at the end of each of the next 5 years to reach its goal, provided the fund earns 10% per year. Problem 4 (25 points) The supplier of certain suspension system parts for General Motors wants to have a contingency fund that it can draw on during down periods of the economy. The company wants to have $19 million in the fund 5 years from now. If the company deposits $2.5 million now, determine the uniform amount to add at the end of each of the next 5 years to reach its goal, provided the fund earns 10% per year. Please draw cash flow diagram and show proper notation, for example (P/A 10%,5) Also show steps to get solution. Thumbs up will be given. Thank you Problem 4 (25 points) The supplier of certain suspension system parts for General Motors wants to have a contingency fund that it can draw on during down periods of the economy. The company wants to have $19 million in the fund 5 years from now. If the company deposits $25 million now, determine the uniform amount to add at the end of each of the next 5 years to reach its goal, provided the fund earns 10% per year
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