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28 Sep 2019
What is the present worth (that is, the equivalent value of the cash flows at year 0) of the cash flows in the table below? Use an interest rate of 6% compounded annually. Year 1 2 3 4 5 6-20 Cash flow 6,000 5,000 4,000 3,000 2,000 10,000 $85,496 $89,263 $89,916 $91,611
What is the present worth (that is, the equivalent value of the cash flows at year 0) of the cash flows in the table below? Use an interest rate of 6% compounded annually. Year 1 2 3 4 5 6-20 Cash flow 6,000 5,000 4,000 3,000 2,000 10,000 $85,496 $89,263 $89,916 $91,611
Chika IlonahLv10
28 Sep 2019