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need assistance solving on excel. please show work and functions used to solve. thanks i also might have the PV wrong as well. Paste LE
need assistance solving on excel. please show work and functions used to solve. thanks
i also might have the PV wrong as well.
Paste LE Font Alignment Number Format as Table Cell Styles Cells Editing Ideas Sensitivity Clipboard G Styles Ideas Sensitivity B22 D E F H 1 Problem 2 3 RRR 4 Final Seven Payments PV 0.93 Payment $100 $200 $500 0.86 0.79 5 000 mais JMALM: 2. (10 points) Jacklyn Linetsky recently purchased a 10-year investment which pays $100 at t = 1, $200 at t = 2, $500 at t = 3, and some fixed cash flow, X, at the end of each of the remaining 7 years. The investment cost her $6500. Alternative investments of equal risk have a required return of 8 percent. What is the annual cash flow received by Jacklyn at the end of each of the final 7 years, that is, what is X? Hit: To solve this question, use "Goal Seek" in Tools Menu. Go Answer P1 P2 P3 P4 Step by Step Solution
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