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4-49. Consider the accompanying cash-flow diagram. (See Figure P4-49.) a. If P = $1,000, A = $200, and i% = 12% per year, then N = ? b. If P = $1,000, A = $200, and N = 10 years, then i =? Alyear 3 4 N-1 End of Year Interest - %/year Figure P4-49 Figure for Problem 4-49 N

4-49. Consider the accompanying cash-flow diagram. (See Figure P4-49.) a. If P = $1,000, A = $200, and i% = 12% per year, then N = ? b. If P = $1,000, A = $200, and N = 10 years, then i =? Alyear 3 4 N-1 End of Year Interest - %/year Figure P4-49 Figure for Problem 4-49 N

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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4-49. Consider the accompanying cash-flow diagram. (See Figure P4-49.) a. If P = $1,000, A = $200, and i% = 12% per year, then N = ? b. If P = $1,000, A = $200, and N = 10 years, then i=? Alyear 2 3 4 N-1 End of Year Interest/%/year Figure P4-49 Figure for Problem 4-49
Transcribed Image Text:4-49. Consider the accompanying cash-flow diagram. (See Figure P4-49.) a. If P = $1,000, A = $200, and i% = 12% per year, then N = ? b. If P = $1,000, A = $200, and N = 10 years, then i=? Alyear 2 3 4 N-1 End of Year Interest/%/year Figure P4-49 Figure for Problem 4-49
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