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Determine the present worth of the following cash flows based on an interest rate of 7.66% per year, compounded annually. Round off to two decimal places.   End of Year 0 = Php 5891   End of Year 1 = Php 5820   End of Year 2 = Php 5206   End of Year 3 = Php 5790   End of Year 4 = Php 5738   End of Year 5 = Php 5700

Determine the present worth of the following cash flows based on an interest rate of 7.66% per year, compounded annually. Round off to two decimal places.   End of Year 0 = Php 5891   End of Year 1 = Php 5820   End of Year 2 = Php 5206   End of Year 3 = Php 5790   End of Year 4 = Php 5738   End of Year 5 = Php 5700

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Determine the present worth of the following cash flows based on an interest rate of 7.66% per year, compounded annually. Round off to two decimal places.
 
End of Year 0 = Php 5891
 
End of Year 1 = Php 5820
 
End of Year 2 = Php 5206
 
End of Year 3 = Php 5790
 
End of Year 4 = Php 5738
 
End of Year 5 = Php 5700
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