Construct the cash flow diagram to find the present worth in year 0 at an interest rate of 15% per year for the following project: Year 0 Cash Flow ($) 19,000 1 +8,100 2 +8,100 Answer 3 +8,100 4 +8,100
Construct the cash flow diagram to find the present worth in year 0 at an interest rate of 15% per year for the following project: Year 0 Cash Flow ($) 19,000 1 +8,100 2 +8,100 Answer 3 +8,100 4 +8,100
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Construct the cash flow diagram to find the present worth in year 0 at an interest rate of 15%
per year for the following project:
Year
0
Cash Flow ($) 19,000
1
+8,100
2
+8,100
Answer
3
+8,100
4
+8,100](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ef631d8-5979-4291-82dc-a29e09093640%2Fb291c9b4-642b-466d-9409-8a35e6b724ef%2F8jc18bq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Construct the cash flow diagram to find the present worth in year 0 at an interest rate of 15%
per year for the following project:
Year
0
Cash Flow ($) 19,000
1
+8,100
2
+8,100
Answer
3
+8,100
4
+8,100
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