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Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X In 2 years from today. What is X? O The amount can not be determined or does not exist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)

Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X In 2 years from today. What is X? O The amount can not be determined or does not exist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X in 2 years from today. What is X? O The amount can not be determined or does not axist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)
Transcribed Image Text:Asla has an investment that is worth $5011.00 and has an expected return of 18.86 percent. The investment is expected to pay her $6893.00 in 3 years from today and X in 2 years from today. What is X? O The amount can not be determined or does not axist because the cash flows are not conventional O $1,280.13 (plus or minus 5 conts) O $5,799.26 (plus or minus 5 cents) O $906.11 (plus or minus 5 conts) O $186.39 (plus or minus 5 cents)
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