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please work by hand if possible thanks! The cash flows have a present value of 0. Compute the value of n, assuming a 3% interest
please work by hand if possible thanks!
The cash flows have a present value of 0. Compute the value of n, assuming a 3% interest rate compounded monthly? (hint: move all cash flows to the future - n) Month 0 1 2 Cash Flow Amount 0 1,000 1,000 1,000 1,000 1,000 1,000 -31.114 n-2 n-1 n n Step by Step Solution
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