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3 (15 points). Given the cash flow diagram below, determine the unknown value using an interest rate of 12%. 600 600 400 400 200
3 (15 points). Given the cash flow diagram below, determine the unknown value using an interest rate of 12%. 600 600 400 400 200 200 A = ? 5 Solution A=[600(P/A, 12%, 3) - 200(P/G, 12%, 3)+200 (P/G, 12%, 4)(P/F, 12%, 3)] (A/P, 12%, 7) =[600(2.402) - 200(2.221)+200(4.127) (0.7118)](0.2191) = 1584.52(0.2191) = $347.17
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
