What is the present worth of the following income strings at an interest rate of 10%? 11 0 1 2 4 $10, 000 $30, 000 $9,909 $33,000 $12,100 Net Cash Flow $11,000 $12,100 $0 $14,641
What is the present worth of the following income strings at an interest rate of 10%? 11 0 1 2 4 $10, 000 $30, 000 $9,909 $33,000 $12,100 Net Cash Flow $11,000 $12,100 $0 $14,641
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:What is the present worth of the following income strings at an interest rate of 10%?
11
0
1
2
4
$10, 000
$30, 000
$9,909
$33,000
$12,100
Net Cash Flow
$11,000
$12,100
$0
$14,641
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