5. (12pts) For the cash flow diagram shown below, compute the value of P. The annual benefits are $4,000 at the end of 1

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5 12pts For The Cash Flow Diagram Shown Below Compute The Value Of P The Annual Benefits Are 4 000 At The End Of 1 1 (21.12 KiB) Viewed 86 times

5. (12pts) For the cash flow diagram shown below, compute the value of P. The annual benefits are $4,000 at the end of 1st year, $3,500 at the end of 2nd year, $3,000 at the end of 3 year, $2,500 at the end of 4th year, $2,000 at the end of 5 year, and $1,500 at the end of 6 year. Use an interest rate of 7%.