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Determine the present equivalent value of the cash-flow diagram shown below when the annual

Question: Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, i varies as indicated. The present equivalent value is $ P=? (Round to the nearest cent.) 0 $1,000 i₁ = 15% 1 Click the icon to view the interest and annuity table for discrete compounding when i = 6% per year. Click the icon to view the interest andSee the answerSee the answerSee the answer done loading
Show transcribed image text 100% (1 rating)Transcribed image text: Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, i varies as indicated. The present equivalent value is $ P=? (Round to the nearest cent.) 0 $1,000 i₁ = 15% 1 Click the icon to view the interest and annuity table for discrete compounding when i = 6% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. $2.000 /2 = 10% 2 13 = 15% $1,000 14 = 6% 3 Years 4 More Info 15 = 15% N 1 2 3 4 5 678 9 10 5 $2,000 16 = 6% Compound Amount Factor To Find F Given P F/P 1.0600 1.1236 1.1910 1.2625 1.3382 1.4185 1.5036 1.5938 1.6895 1.7908 6 Single Payment Discrete Compounding; i = 6% Compound Amount Factor To Find F Given A F/A 1.0000 2.0600 3.1836 4.3746 5.6371 6.9753 8.3938 9.8975 11.4913 13.1808 Present Worth Factor To Find P Given F P/F 0.9434 0.8900 0.8396 0.7921 0.7473 Q 0.7050 0.6651 0.6274 0.5919 0.5584 ON Uniform Series Present Worth Factor To Find P Given A P/A 0.9434 1.8334 2.6730 3.4651 4.2124 4.9173 5.5824 6.2098 6.8017 7.3601 Sinking Fund Factor To Find A Given F A/F 1.0000 0.4854 0.3141 0.2286 0.1774 0.1434 0.1191 0.1010 0.0870 0.0759 Capital Recovery Factor To Find A Given P A/P 1.0600 0.5454 0.3741 0.2886 0.2374 0.2034 0.1791 0.1610 0.1470 0.1359 More Info N 1 2 3 4 5 6 7 8 9 10 Single Payment Compound Amount Factor To Find F Given P F/P 1.1500 1.3225 1.5209 1.7490 2.0114 2.3131 2.6600 Discrete Compounding; i = 15% 3.0590 3.5179 4.0456 Present Worth Factor To Find P Given F P/F 0.8696 0.7561 0.6575 0.5718 0.4972 0.4323 0.3759 0.3269 0.2843 0.2472 Compound Amount Factor To Find F Given A F/A 1.0000 2.1500 3.4725 4.9934 6.7424 8.7537 11.0668 13.7268 16.7858 20.3037 Uniform Series Present Worth Factor To Find P Given A P/A 0.8696 1.6257 2.2832 2.8550 3.3522 3.7845 4.1604 4.4873 4.7716 5.0188 Sinking Fund Factor To Find A Given F A/F 1.0000 0.4651 0.2880 0.2003 0.1483 0.1142 0.0904 0.0729 0.0596 0.0493 Capital Recovery Factor To Find A Given P A/P 1.1500 0.6151 0.4380 0.3503 0.2983 0.2642 0.2404 0.2229 0.2096 0.1993 – X More Info N 1 2 3 4 5 6 7 8 9 10 Discrete Compounding; i = 10% Single Payment Compound Amount Factor To Find F Given P F/P 1.1000 1.2100 1.3310 1.4641 1.6105 1.7716 1.9487 2.1436 2.3579 2.5937 Present Worth Factor To Find P Given F P/F 0.9091 0.8264 0.7513 0.6830 0.6209 0.5645 0.5132 0.4665 0.4241 0.3855 Compound Amount Factor To Find F Given A F/A 1.0000 2.1000 3.3100 4.6410 6.1051 7.7156 9.4872 11.4359 13.5795 15.9374 Uniform Series Present Worth Factor To Find P Given A P/A 0.9091 1.7355 2.4869 3.1699 3.7908 4.3553 4.8684 5.3349 5.7590 6.1446 Sinking Fund Factor To Find A Given F A/F 1.0000 0.4762 0.3021 0.2155 0.1638 0.1296 0.1054 0.0874 0.0736 0.0627 Capital Recovery Factor To Find A Given P A/P 1.1000 0.5762 0.4021 0.3155 0.2638 0.2296 0.2054 0.1874 0.1736 0.1627 – X

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