Determine the future worth in year 10 of a cash flow series that starts in year 0

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Determine the future worth in year 10 of a cash flow series that starts in year 0 at $100,000 and decreases by 12% per year. Use an interest rate of 12% per year.

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 05:38 AM

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Determine the future worth in year 10 of a cash flow series that starts in year 0

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Given Number of years n 10 Initial Value P 100000 Rate of decrease g 12 Interest Rate i 12 Solution ...View the full answer

Engineering economy

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