An investment has the following cash flow series where interest is 7%: End of Year 0 1 2 3 4 5 6 7 8 Cash Flow ($) 150 300 450 0-500 0 600 700 800 Click here to access the TVM Factor Table Calculator Determine the present worth of the series. $ Round entry to the nearest dollar. Tolerance is ±4.
An investment has the following cash flow series where interest is 7%: End of Year 0 1 2 3 4 5 6 7 8 Cash Flow ($) 150 300 450 0-500 0 600 700 800 Click here to access the TVM Factor Table Calculator Determine the present worth of the series. $ Round entry to the nearest dollar. Tolerance is ±4.
Chapter1: Making Economics Decisions
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
Transcribed Image Text:An investment has the following cash flow series where interest is 7%:
End of Year
0 1
2 3 4 5 6 7 8
Cash Flow ($) 150 300 450 0-500 0 600 700 800
Click here to access the TVM Factor Table Calculator
Determine the present worth of the series. $
Round entry to the nearest dollar. Tolerance is ±4.
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