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3. For the diagram shown below, calculate the amount of money in year 0 that would be equivalent to the amounts shown, if the

3. For the diagram shown below, calculate the amount of money in year 0 that would be equivalent to the

3. For the diagram shown below, calculate the amount of money in year 0 that would be equivalent to the amounts shown, if the interest rate is 1% per month. 4 6 7 8 years 500 480 2 460 3 440 420 5 400 380 360 340 3. For the diagram shown below, calculate the amount of money in year 0 that would be equivalent to the amounts shown, if the interest rate is 1% per month. 4 6 7 8 years 500 480 2 460 3 440 420 5 400 380 360 340

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