Question: For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $5000 and the
For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $5000 and the interest rate is 12% per year. Year 1 Cash, $1000 A 2 3 4 5 6 7 8 9 A+40 A+80 A+120 A+160 A+200 A+240 | A+280 A+320 The amount in year 1 is $
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