• For the cash flow series shown below, a) Find the present worth b) Find the equivalent annual worth Year Cash Flow, $/Year Interest Rate per Year % 1-3 5,000 10 4 – 5 7,000 12

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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• For the cash flow series shown below,
a) Find the present worth
b) Find the equivalent annual worth
Year Cash Flow, $/Year Interest Rate per Year %
1-3
5,000
10
4 – 5
7,000
12
Transcribed Image Text:• For the cash flow series shown below, a) Find the present worth b) Find the equivalent annual worth Year Cash Flow, $/Year Interest Rate per Year % 1-3 5,000 10 4 – 5 7,000 12
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