Given the cash flow diagram below, evaluate the "X" value using an interest rate of 8%.
$$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | l | }
\hline \text { Year } & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 \
\hline \text { Cash flow } & - X & 400 & 500 & - X & 700 & 800 & 900 & 1,000 & 1,100 & 1,200 & 1,300 \
\hline
\end{array}$$
A) $7,201
B) $6,781
C) $3410.23
D) $6,525

Question

Given the cash flow diagram below, evaluate the "X" value using an interest rate of 8%.
$$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | l | } 
\hline \text { Year } & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 \
\hline \text { Cash flow } & - X & 400 & 500 & - X & 700 & 800 & 900 & 1,000 & 1,100 & 1,200 & 1,300 \
\hline
\end{array}$$
A) $7,201
B) $6,781
C) $3410.23
D) $6,525

Quizplus · Accepted Answer

The Answer of Given the cash flow diagram below, evaluate the "X" value using an interest rate of 8%.
$$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | l | } 
\hline \text { Year } & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 \
\hline \text { Cash flow } & - X & 400 & 500 & - X & 700 & 800 & 900 & 1,000 & 1,100 & 1,200 & 1,300 \
\hline
\end{array}$$
A) $7,201
B) $6,781
C) $3410.23
D) $6,525

Given the Cash Flow Diagram Below, Evaluate the "X" Value