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5.31 Consider an investment project for which the cash flow pattern repeatsie every four years indefinitely, as shown in the accompanying figure. At an inte

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5.31 Consider an investment project for which the cash flow pattern repeatsie every four years indefinitely, as shown in the accompanying figure. At an inte est rate of 12% compounded annually, compute the capitalized-equivalen amount for this project. $500 $400 $500 $400 $500 $400 $300 $300 $200 $300 $200 $200 0 2 4 5 6 8 9 10 11 12 Years

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