(6)-Suppose that we have cash flows as follows: End Of Year 1 3 4 1,000 Receipts($) 3,000 (a)- Draw the net cash flow, if rate of compound interest of 9% annually. (b)- Find the present worth and future worth at the end of eighth year. Disbursements ($) 2,000 4,000 5,000 1,000 6 8 3,000 1,500 7,000 3,000
(6)-Suppose that we have cash flows as follows: End Of Year 1 3 4 1,000 Receipts($) 3,000 (a)- Draw the net cash flow, if rate of compound interest of 9% annually. (b)- Find the present worth and future worth at the end of eighth year. Disbursements ($) 2,000 4,000 5,000 1,000 6 8 3,000 1,500 7,000 3,000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![(6)-Suppose that we have cash flows as follows:
End Of Year
1
3
4
Disbursements ($) 2,000
4,000
1,000
Receipts($)
5,000 1,000
3,000
(a)- Draw the net cash flow, if rate of compound interest of 9% annually.
(b)- Find the present worth and future worth at the end of eighth year.
6
3,000
7,000
8
1,500
3,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F60168ced-2fd9-4caf-930b-8672560f12a4%2Ff0f022db-3b53-4345-a099-6cb91ea6b412%2Facwiwg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(6)-Suppose that we have cash flows as follows:
End Of Year
1
3
4
Disbursements ($) 2,000
4,000
1,000
Receipts($)
5,000 1,000
3,000
(a)- Draw the net cash flow, if rate of compound interest of 9% annually.
(b)- Find the present worth and future worth at the end of eighth year.
6
3,000
7,000
8
1,500
3,000
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