Find the value of x such that they would be indifferent

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Reference no: EM131103772

Zetterberg Builders is given two options for making payments on a brush hog. Find the value of X such that they would be indifferent between the two cash flow profiles if their TVOM is 4.5% per year compounded yearly.

End of Year	Series 1	Series 2
0	$300	$0
1	$350	$0
2	$400	$35X
3	$450	$25X
4	$0	$15X
5	$0	$5X

Reference no: EM131103772

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