FE: A project has the estimated cash flows shown below. Using an interest rate of 12% per year compounded annually, the annual worth of the project is most nearly: Year End O 1 2 3 4 Cash -$1,100 -$400 +$1,000 +$1,000 +$1,000 Flow

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FE: A project has the estimated cash flows shown below.
Using an interest rate of 12% per year compounded
annually, the annual worth of the project is most nearly:
Year End O
1
2
3
4
Cash
-$1,100 -$400 +$1,000
+$1,000 +$1,000
Flow
Transcribed Image Text:FE: A project has the estimated cash flows shown below. Using an interest rate of 12% per year compounded annually, the annual worth of the project is most nearly: Year End O 1 2 3 4 Cash -$1,100 -$400 +$1,000 +$1,000 +$1,000 Flow
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