. For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $601.17 and the interest rate is 10% per year. (Draw CFD) Year Cost 1 2 3 A A+30 A+60 4 A+90 5 A+120 6 7 A+150 A+180 8 A+210 9 A+240
. For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $601.17 and the interest rate is 10% per year. (Draw CFD) Year Cost 1 2 3 A A+30 A+60 4 A+90 5 A+120 6 7 A+150 A+180 8 A+210 9 A+240
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:6. For the cash flows below, determine the amount in year 1, if the annual worth in years 1
through 9 is $601.17 and the interest rate is 10% per year. (Draw CFD)
Year
Cost
Year
Cash
Flow, $
1 2
3 4
5
7
A A+30 A+60 A+90 A+120 A+150 A+180 A+210 A+240
7. For the cash flows below, find the value of x that makes the equivalent annual worth in years 1
through 7 equal to $300 per year. Use an interest rate of 10% per year.(Draw CFD)
0
200
1
200
2
200
3
200
4
X
5
200
9
6
200
7
200
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