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Consider the following cash flow Year End 0 1-5 Payment $500 $1,000 In computing F at the end of year 5 at an interest
Consider the following cash flow Year End 0 1-5 Payment $500 $1,000 In computing F at the end of year 5 at an interest rate of 12%, which of the following equations is incorrect? A F = $500 (F/A, 12%, 6)+ $500 (F/A, 12%, 5) B F= $1,000 (F/A, 12%, 5) - $500 (F/P,12%, 5) F= [$500 (A/P, 12%, 5)+ $1,000] x (F/A, 12%, 5) D F= $500 (F/P,12%,5)+ $1,000 (F/A, 12%, 5)
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
