Question: SOLVER THE SECOND QUESTION PLEASE The costs associated with a particular process are expected to be $6,000 per year for five years, beginning three years

SOLVER THE SECOND QUESTION PLEASE

The costs associated with a particular process are expected to be $6,000 per year for five years, beginning three years from now. At an interest rate of 10% per year, the present worth of these costs is closest to: a. $17,088 b. $18,796 c. $22,745 d. $29,210 For the cash flow in the previous example, the future worth in year eight at an interest rate of 10% per year is closest to: a. $36,631 b. $47,310 c. $56,923 d. $68,615

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