Consider the following cash flow:Year Cash Flow0$P1 10002
Chapter , Problem 4-66(choose chapter or problem)
Consider the following cash flow:Year Cash Flow0$P1 10002 8503 7004 5505 4006 4007 4008 400Alice was asked to compute the value ofPfor thecashflow at8% interest. She wrote three equations:A.P=1000(P/A,8%,8)150(P/G,8%,8)+150(P/G,8%,4)(P/F,8%,4)B.P=400(P/A,8%,8)+600(P/ A,8%,5)150(P/G,8%,4)C.P=150(P/G,8%,4)+850(P/A,8%,4)+400(P/A,8%,4)(P/F,8%,4)Which of the equations is correct?
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