a. What is the CW, when i = 10% per year, of $1,500 per year, starting in

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a. What is the CW, when i = 10% per year, of $1,500 per year, starting in year one and continuing forever; and $10,000 in year five, repeating every four years thereafter, and continuing forever?
b. When i = 10% per year in this type of problem, what value of N, practically speaking, defines "forever"?
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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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