Suppose that you want to evaluate the following non-standard cash flow: $1 000 paid at the end of every third year in a 12-year period with annual interest rate of 10%. What is the best method?
A)Convert the non-standard cash flow into standard annuity by changing the interest rate.
B)Convert the non-standard cash flow into standard annuity by changing the compounding period.
C)Convert the non-standard cash flow into arithmetic gradient series.
D)Treat each payment as a separate payment.
E)Convert the non-standard cash flow into a geometric gradient series.

Question

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The Answer of Suppose that you want to evaluate the following non-standard cash flow: $1 000 paid at the end of every third year in a 12-year period with annual interest rate of 10%. What is the best method?
A)Convert the non-standard cash flow into standard annuity by changing the interest rate.
B)Convert the non-standard cash flow into standard annuity by changing the compounding period.
C)Convert the non-standard cash flow into arithmetic gradient series.
D)Treat each payment as a separate payment.
E)Convert the non-standard cash flow into a geometric gradient series.

Suppose That You Want to Evaluate the Following Non-Standard Cash