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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)]