An investment has the following cash flow series where interest is 5.0%: End of Year 0 1 2 3 4 Part a Cash Flow $270 $250 $550 -$530 -$290 End of Year 5 6 7 8 Cash Flow $110 $750 $670 $630 Determine the present worth of the series. $ Round entry to two decimal places. Tolerance is ±1.

An investment has the following cash flow series where interest is 5.0%: End of Year 0 1 2 3 4 Part a Cash Flow $270 $250 $550 -$530 -$290 End of Year 5 6 7 8 Cash Flow $110 $750 $670 $630 Determine the present worth of the series. $ Round entry to two decimal places. Tolerance is ±1.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

An investment has the following cash flow series where interest is 5.0%:
End of Year
0
1
2
3
4
Part a
Cash Flow
$270
$250
$550
-$530
-$290
End of Year
5
6
7
8
Cash Flow
$110
$750
$670
$630
Determine the present worth of the series. $
Round entry to two decimal places. Tolerance is ±1.

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