Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors....
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Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 7% per year. Year Revenue, in $1000s Expenses, in $1000s 1 325 75 2 325 Add your answer 75 The future worth of the cash flow, (in $) Round off to the nearest two (2) decimal places 3 325 75 4 325 75 5 325 75 6 325 75 7 325 75 8 325 75 Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 7% per year. Year Revenue, in $1000s Expenses, in $1000s 1 325 75 2 325 Add your answer 75 The future worth of the cash flow, (in $) Round off to the nearest two (2) decimal places 3 325 75 4 325 75 5 325 75 6 325 75 7 325 75 8 325 75
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ANSWER To determine the future worth of the cash flows we need to find the present value of each cas... View the full answer
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