For the cash flows shown (in $1000 units), calculate the value of x that makes the present worth in year 0 equal to $300,000 at an interest rate of 10% per year.
 FIGURE 1.png)
Two approaches are: (1) use trial and error in the function = NPV(10%,B5:B10)+B4, and (2) use Goal Seek. Either results in $93.88 in years 1 and 4.
 ANSWER.png)
You might also like to view...
In the accompanying figure, PM is parallel to JK. Find the measure of angle PMK.
A. 140o44' B. 154o33' C. 159o20' D. 171o10'
When installing flared fittings, stop tightening the flaring screw when the flare reaches an angle of _____ degrees.
a. 35 b. 30 c. 45 d. 90
?Technician A says that with a vacuum leak, an engine with an oxygen sensor feedback fuel system can run fine when cold but rough when hot. Technician B says that advanced ignition timing will often cause an engine to run hot. Who is right?
A. ?Technician A only B. ?Technician B only C. ?Both A and B D. ?Neither A nor B
Planet gears are also known as pinion gears.
Answer the following statement true (T) or false (F)