In computing the equivalent present worth of each given cash flow series at period zero, which of the following expressions is incorrect? (a) P= $500(P/A, i, 4)(P/F, i, 4). (b) P = $500(F/A, i, 4)(P/F, i, 7). (c) P = $500(P/A, i, 7) – $100(P/A, i, 3). (d) P= $500[(P/F, i, 4) + (P/F, i, 5) + (P/F, i, 6) + (P/F, i, 7)].

In computing the equivalent present worth of each given cash flow series at period zero, which of the following expressions is incorrect? (a) P= $500(P/A, i, 4)(P/F, i, 4). (b) P = $500(F/A, i, 4)(P/F, i, 7). (c) P = $500(P/A, i, 7) – $100(P/A, i, 3). (d) P= $500[(P/F, i, 4) + (P/F, i, 5) + (P/F, i, 6) + (P/F, i, 7)].

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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