Solved

You Want to Find the Equivalent Present Worth for the Following

Question 9

Multiple Choice

You want to find the equivalent present worth for the following cash flow series at an interest rate of 15%. Which of the following statements is incorrect?
$You want to find the equivalent present worth for the following cash flow series at an interest rate of 15%. Which of the following statements is incorrect? A) \$ 1,000(P / A, 15 \%, 4) +\$ 2,000+\$ 2,000(P / F, 15 \%, 5) B) \$ 1,000(P / F, 15 \%, 5) +\$ 1,000(P / A, 15 \%, 5) +\$ 2,000 C) [\$ 1,000(F / A, 15 \%, 5) +\$ 1,000](P / F, 15 \%, 5) +\$ 2,000 D) [\$ 1,000(F / A, 15 \%, 4) +\$ 2,000](P / F, 15 \%, 4) +\$ 2,000$

A) $\$ 1,000(P / A, 15 \%, 4) +\$ 2,000+\$ 2,000(P / F, 15 \%, 5)$
B) $\$ 1,000(P / F, 15 \%, 5) +\$ 1,000(P / A, 15 \%, 5) +\$ 2,000$
C) $[\$ 1,000(F / A, 15 \%, 5) +\$ 1,000](P / F, 15 \%, 5) +\$ 2,000$
D) $[\$ 1,000(F / A, 15 \%, 4) +\$ 2,000](P / F, 15 \%, 4) +\$ 2,000$