Question: Trying to solve this algebraically and I also understand we are able to solve it using a financial calculator (entering in cash flows? CFo =
Trying to solve this algebraically and I also understand we are able to solve it using a financial calculator (entering in cash flows? CFo = -100, CF1 = -20, CF2 = 142.64?? Would someone be able to show both ways completely? (Algebraically and through financial calculator? Doing something wrong..
100 + 20/(1+x) = 142.64/(1+x)^3
Thank you!
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