Question: What is the CW, when i = 8% per year, of $1,000 per year, starting in year one and continuing forever; and $10, 200 in
What is the CW, when i = 8% per year, of $1,000 per year, starting in year one and continuing forever; and $10, 200 in year four, repeating every three years thereafter, and continuing forever? When i = 8% per year in this type of problem, what value of N, practically speaking, defines "forever"? The CW is $. (Round to the nearest dollar.) The minimum value of N is years. (Round to the nearest whole number.)
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