For the cash flows shown (in $1000 units), calculate the value of x that makes the present

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For the cash flows shown (in $1000 units), calculate the value of x that makes the present worth in year 0 equal to $300,000 at an interest rate of 10% per year.

5 3 4 Year Cash Flow, $1000 40 40 40 40 40 х х

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 07:03 AM

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For the cash flows shown (in $1000 units), calculate the value of x that makes the present

Question:

5 3 4 Year Cash Flow, $1000 40 40 40 40 40 х х

Step by Step Answer:

Two approaches are 1 Use trial and error in the function NPV10B5B10B4 and 2 Use Goa...View the full answer

Engineering Economy

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