Question: Answer complete with full steps to get 100% feedback!! (hand calculations) Use compound interest table (from internet) for the values where required. Determine the present
Answer complete with full steps to get 100% feedback!! (hand calculations)
Use compound interest table (from internet) for the values where required.
Determine the present worth of the given cash flow.
Draw a cash flow diagram and explain your work for an interest rate of 7% per year?
Year Cash Flow
0 0
1 300
2 300+115
3 300+230
4 300+345
5 300+460
6 -500
7 -800
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