Question: why my step is wrong?? please tell me and write the correct step the correct ans is : 8.92 don't use excel 2.1.13S Chuck needs

 why my step is wrong?? please tell me and write the

why my step is wrong?? please tell me and write the correct step

correct step the correct ans is : 8.92 don't use excel 2.1.13S

the correct ans is : 8.92 don't use excel

2.1.13S Chuck needs to purchase an item in 10 years. The item costs 200 today, but its price inflates 4% per year. To finance the purchase, Chuck deposits 20 into an account at the beginning of each year for 6 years. He deposits an additional X at the be- ginning of years 4, 5, and 6 to meet his goal. The effective an- nual interest rate is 10%. Calculate X. 10 10 10 2113) 3 6 lo = 296,048 057 inflasi 200 (1 + 4%) 10 20 S 310, 1 (1+0,17 + (20+x) S 370, 1 (HOL)" = 296,048897 20 20 (100) 9.-..) C1171 (2012) ( (2003-2) (119 119 009072 +. (2012) (5, 3907003)296,048097 20 ta=34, 469 23045 = 141469 Bous L

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