Question: For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $4,400 and the

For the cash flows below, determine the amount in year 1, if

For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $4,400 and the interest rate is 6.00% per year. Year 1 2 5 6 7 8 9 Cash, 0.060 0.060+40 0.060+800.060+120 0.060+160 0.060+200 0.060+240 0.060+280 0.060+320 $1000 (Round the final answer to three decimal places.) The amount in year 1 is $ 3 4

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