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Sagot :
Answer:
The answer is "869.76"
Explanation:
Given value:
[tex]CF_0=-1000\\\\CF_1=-1500\\\\CF_2=2000\\\\CPT \ IRR =2.8342\%\\\\[/tex]
[tex]\to Nominal\ Rate =2\times ((1+2.8342 \%)^{((\frac{1}{2})-1)}[/tex]
[tex]=2\times ((1.28342)^{(\frac{1}{2})-1}) \\ \\=2\times ((1.28342)^{(\frac{1}{2})-1}) \\\\ = 2.81\%[/tex]
[tex]\to 1000 = P (1+ \frac{2.83}{100})^5 \\\\\to 1000 = P (1+ 0.0283)^5\\\\\to P = \frac{1000}{(1+ 0.0283)^5}\\\\[/tex]
[tex]= \frac{1000}{1.14973878}\\\\= 869.76[/tex]
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