458 PV 010 Calculate value of C 300 200 100 SolutionSolution

4:58 PV= 0.-10%. Calculate value of C. 300 200 100

Solution

Solution :- Present value = 100 / (1.10)² + 200 / (1.10)³ + 300 / (1.10)⁴ + C / (1.10)⁶ + C / (1.10)⁷ + C / (1.10)⁸

0 = 100 / 1.21 + 200 / 1.331 + 300 / 1.4641 + [ C + 1.10 C + 1.21 C ] / (1.10)⁶

0 = 82.64 + 150.26 + 204.90 + 3.31 C / 1.771561

0 =  82.64 + 150.26 + 204.90 + 1.8684 C

1.8684 C = (-) 437.80

  C = (-) 437.80 / 1.8684

C = (-) 234.32 (Rounded off to $ 234. Ignore the negative sign)

Conclusion :- Value of C = 234 (Rounded off).