Calculate the present worth in year 0 of a series of cash flows that starts at $150,000

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Calculate the present worth in year 0 of a series of cash flows that starts at $150,000 in year 0 and increases by 10% per year through year 5. Assume i = 10% per year.

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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