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Show transcribed image text 12 Given the cash flow table below Alice was asked to compute the value of P for the cash flow at 8% interest She wrote four equations Which is the correct equation

Show transcribed image text 12. Given the cash flow table below, Alice was asked to compute the value of P for the cash flow at 8% interest. She wrote four equations. Which is the correct equation? Year O 1 2 3 4 5 6 7 8 Cash Flow 1,000 1,150 1,300 1,450 1,600 1,600 1,600 1,600 A) P = 1 ,000(P/A, 8%, 8) + I 50(P/G, 8%, 8) - 1 50(P/G, 8%, 4) (P/F, 8%, 4) B) P = 1 ,600(P/A, 8%, 8) - 600(PFA, 8%, 5) - 1 50(P/G, 8%, 4) C) P = 1 50(P/G, 8%, 4) + 1,000(P/A, 8%, 4) + 1 ,600(P/A, 8%, 4) (P/F, 8%, 4) D)P = 1 ,600(P/A, 8%, 8) + 150(P/G, 8%, 8) - 150(P/G, 8%, 4) (P/F, 8%, 4)
 

May 21 2020 View more View Less

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