For the cash flows shown table below, evaluate the unknown value, X for an interest rate of 6% compounded annually.
$$\begin{array} { | l | l | l | l | l | }
\hline \text { Year } & 0 & 1 & 2 & 6 \
\hline \text { Cash Flow in } \$ & 20,000 & - 5,000 & - 10,000 & \mathbf { X } \
\hline
\end{array}$$
A) $5,000
B) -$9,054
C) $6,377
D) $8,252

Question

For the cash flows shown table below, evaluate the unknown value, X for an interest rate of 6% compounded annually.
$$\begin{array} { | l | l | l | l | l | } 
\hline \text { Year } & 0 & 1 & 2 & 6 \
\hline \text { Cash Flow in } \$ & 20,000 & - 5,000 & - 10,000 & \mathbf { X } \
\hline
\end{array}$$
A) $5,000
B) -$9,054
C) $6,377
D) $8,252

Quizplus · Accepted Answer

The Answer of For the cash flows shown table below, evaluate the unknown value, X for an interest rate of 6% compounded annually.
$$\begin{array} { | l | l | l | l | l | } 
\hline \text { Year } & 0 & 1 & 2 & 6 \
\hline \text { Cash Flow in } \$ & 20,000 & - 5,000 & - 10,000 & \mathbf { X } \
\hline
\end{array}$$
A) $5,000
B) -$9,054
C) $6,377
D) $8,252

For the Cash Flows Shown Table Below, Evaluate the Unknown