Compute the annual worth (start year 1) of the following cash flows at i = 12% per year. Year Amount, $ Year Amount, $ 1000 700 1-5 2000 9 600 6 900 10 500 7 s0 11 400

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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> Compute the annual worth (start year 1) of the following cash flows at i = 12% per
year.
Amount, $
700
Year
Amount, $ Year
1000
600
1-5
6
2000
9
900
10
500
7
s0
11
400
Transcribed Image Text:> Compute the annual worth (start year 1) of the following cash flows at i = 12% per year. Amount, $ 700 Year Amount, $ Year 1000 600 1-5 6 2000 9 900 10 500 7 s0 11 400
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