Question: 2. For a Skipping Cash Flow Pattern (Figure 1) below, determine the value of the PRESENT WORTH, P. Assume the Annual Interest rate is

2. For a Skipping Cash Flow Pattern (Figure 1) below, determine the

2. For a Skipping Cash Flow Pattern (Figure 1) below, determine the value of the PRESENT WORTH, P. Assume the Annual Interest rate is 10% and N is 18 years. Note: ALL the SEVEN installment payments are 10000 SAR, each. 10,000 $10,000 FIGURE 1 $10,000

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