Question
Given the following cash flow series, which one of the following equations can be used to find out the equivalent worth V at n=2?
Given the following cash flow series, which one of the following equations can be used to find out the equivalent worth V at n=2? Explain your selection. (Note: there is no A at n=2) H A= $100 V=? $100 a) V=100(P/A, i, 6)-100(P/F,i,4) c) V= [100(P/A,i,7)-100*(P/F,i,3)]* (F/P,1,3) b) V= 100(F/A,i,3)+P(P/A,1,3) d) V=100(F/A,1,6)*(P/F,1,3)-100
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Introduction to Accounting An Integrated Approach
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