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Sample Quiz Problems from Chapter 1 & 2

Problem 2 In computing the equivalent present worth of the following cash flow series at period 0, which of the following expression is incorrect? A. P = $ 100(P/A,i,4)(P/F,i,4) B. P = $ 100(F/A,i,4)(P/F,i,7) C. P = $ 100(P/A,i,7) - $ 100(P/A,i,3) D. P = $100[(P/F,i,4) + (P/F,i,5) + (P/F,i,6) + (P/F,i,7)]