16. 2.61 For the cash flow series shown below, determine the value of G that will make...

Question:

16. 2.61 For the cash flow series shown below, determine the value of G that will make the future worth in year 4 equal to $6000 at an interest rate of 15% per year.

Year 0 1 2 3 4 Cash Flow 0 2000 2000−G 2000−2G 2000−3G

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

Question Posted: