Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year. Year 0 1 to 4 5 to 12 Income per year $7,000 $2,500 $4,000 Draw CFD, and Enter the Answer in 'B2' Cell above.
Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year. Year 0 1 to 4 5 to 12 Income per year $7,000 $2,500 $4,000 Draw CFD, and Enter the Answer in 'B2' Cell above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![7
3
9
A
2 Answer
3
4 Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year.
5
6
67809SO
:7
19
B
Year
0
1 to 4
5 to 12
0
1
_2
3
4 Draw CFD, and Enter the Answer in 'B2' Cell above.
5
6
7
8
9
=0
:1
2
3
4
:5
-0
C
Income per year
$7,000
$2,500
$4,000
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6aad8a00-c703-485c-bf76-99694ae31b4b%2F6f994aaf-e135-4276-84b4-73949f5b89c8%2Fu1nmjr_processed.png&w=3840&q=75)
Transcribed Image Text:7
3
9
A
2 Answer
3
4 Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year.
5
6
67809SO
:7
19
B
Year
0
1 to 4
5 to 12
0
1
_2
3
4 Draw CFD, and Enter the Answer in 'B2' Cell above.
5
6
7
8
9
=0
:1
2
3
4
:5
-0
C
Income per year
$7,000
$2,500
$4,000
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
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