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For the cash flow, interest rate and compounding frequency given below, what value of Q will make the inflows and outflows equivalent? Compounding/y NPERY 365
For the cash flow, interest rate and compounding frequency given below, what value of Q will make the inflows and outflows equivalent?
Compounding/y | NPERY | 365 |
APR (nom/y) | NOMINAL | 18.00% |
Year | Cash Flow | |
0 | ($25,000) | |
1 | -15*Q | |
2 | +30*Q | |
3 | $0 | |
4 | +12*Q | |
5 | -14*Q | |
6 | -2*Q | |
7 | +6*Q | |
8 | $0 | |
9 | -15*Q | |
10 | -5*Q |
Group of answer choices
$4,327
$8,347
$14,101
$22,891
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