show how to solve in excel Find the value of P for which...
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show how to solve in excel
Find the value of P for which the inflows will equal the outflows. Find the effective rate first. Rate 21% pycd Year Outflows Inflows 0 -P 1 2 3 4 5 $24,000 6 $30,000 7 $36,000 8 $42,000 9 10 $48,000 $54,000 -2P -4P -8P -16P Find the value of P for which the inflows will equal the outflows. Find the effective rate first. Rate 21% pycd Year Outflows Inflows 0 -P 1 2 3 4 5 $24,000 6 $30,000 7 $36,000 8 $42,000 9 10 $48,000 $54,000 -2P -4P -8P -16P
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