Question: The estimated cash flows for a project are shown below. year end: 0 1 2 3 4 cash flow: -$1100 , -$400 , $1000 ,

The estimated cash flows for a project are shown below.

year end: 0 1 2 3 4

cash flow: -$1100 , -$400 , $1000 , $1000 , $1000

If the interest rate is 12% per year, compounded annually, the annual worth of the project is

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