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For the cash flow diagram below, which equation demonstrates the correct functional notation that will solve for the unknown P? (Assume there is $5,000 in
For the cash flow diagram below, which equation demonstrates the correct functional notation that will solve for the unknown P? (Assume there is $5,000 in the account at the end of year 4.) 4000 is 9% P? F $5,000 0 3 4 O P-5000(P/F, 9%, 4) + 4000(P/F, 996, 4) O P = 5000(F/P, 996, 4) + 4000(F/P, 996, 2) 0 O O P = 5000(P/F, 996, 4)-4000(P/F, 996, 2) P = 5000 + 4000 P = 5000-4000
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