For the cash flows below, determine the amount in year 1, if the annual worth in...
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For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $4,000 and the interest rate is 7.00% per year. Year 1 Cash, $1000 2 3 0.070 0.070+40 0.070+80 4 5 (Round the final answer to three decimal places.) The amount in year 1 is $. 6 7 8 9 0.070+120 0.070+160 0.070+200 0.070+240 0.070+280 0.070+320 For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $4,000 and the interest rate is 7.00% per year. Year 1 Cash, $1000 2 3 0.070 0.070+40 0.070+80 4 5 (Round the final answer to three decimal places.) The amount in year 1 is $. 6 7 8 9 0.070+120 0.070+160 0.070+200 0.070+240 0.070+280 0.070+320 For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $4,000 and the interest rate is 7.00% per year. Year 1 Cash, $1000 2 3 0.070 0.070+40 0.070+80 4 5 (Round the final answer to three decimal places.) The amount in year 1 is $. 6 7 8 9 0.070+120 0.070+160 0.070+200 0.070+240 0.070+280 0.070+320 For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $4,000 and the interest rate is 7.00% per year. Year 1 Cash, $1000 2 3 0.070 0.070+40 0.070+80 4 5 (Round the final answer to three decimal places.) The amount in year 1 is $. 6 7 8 9 0.070+120 0.070+160 0.070+200 0.070+240 0.070+280 0.070+320
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To determine the amount in year 1 we need to calculate the present value of the cash flows usin... View the full answer
Related Book For
McGraw-Hill Education SAT 2017
ISBN: 9781259641657
1st Edition
Authors: Christopher Black, Mark Anestis
Posted Date:
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