Step 2: Decide on a Solution Strategy
{"Image DocumentName": "Step 2: Decide on a Solution Strategy", "Image ImageDescription": "This problem involves two annuities (years 1-5, years 7-10) and the single negative cash flow in year 6. The  300 annuity can be discounted directly to the present using equation 6-2b. The  600 cash outflow can be discounted directly to the present using equation 5-2.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}