Multiple Choice
Four different choices are given to determine the unknown value of "X" from the cash flow diagram given below. Use an interest rate of i =6%.
A) X= {20,000 - 2,000(P/A, 6%, 6) +100(P/G, 6%, 6) } (P/F, 6%, 6)
B) X= {20,000 - 2,000(P/A, 6%, 5) +100(P/G, 6%, 5) } (F/P, 6%, 6)
C) X= {20,000 - 2,000(P/A, 6%, 6) +100(P/G, 6%, 6) } (F/P, 6%, 6)
D) X= {20,000 - 2,000(P/A, 6%, 6) +100(P/G, 6%, 5) } (P/F, 4%, 6)
Correct Answer:

Verified
Correct Answer:
Verified
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