A five-year project requires an investment of -112 and has the following cash flows in years 1 through 5, respectively (all cash flows in dollars): 48, 88, 34, 15, and 52. Find the difference between the Cauchy upper bound and the Cauchy lower bound. Write your answer as a percentage with two decimals; e.g., 23.55% but do not write the % sign. (Acceptable error = 0.50%)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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A five-year project requires an investment of -112 and has the following cash flows in years 1 through 5, respectively (all cash
flows in dollars): 48, 88, 34, 15, and 52. Find the difference between the Cauchy upper bound and the Cauchy lower bound. Write
your answer as a percentage with two decimals; e.g., 23.55% but do not write the % sign. (Acceptable error = 0.50%)
Transcribed Image Text:A five-year project requires an investment of -112 and has the following cash flows in years 1 through 5, respectively (all cash flows in dollars): 48, 88, 34, 15, and 52. Find the difference between the Cauchy upper bound and the Cauchy lower bound. Write your answer as a percentage with two decimals; e.g., 23.55% but do not write the % sign. (Acceptable error = 0.50%)
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