Question: Problem 7. Calculate the future worth (in year 1 1) of the following income and expenses, if the interest rate is 12% per year. Year

 Problem 7. Calculate the future worth (in year 1 1) of

Problem 7. Calculate the future worth (in year 1 1) of the following income and expenses, if the interest rate is 12% per year. Year Income, $ 12,000 800 900 Expense, S 3000 200 200 1-6 7-11 Answer: CFD: Equation

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