For the cash flows shown, determine the future worth in year 5. Cash Flow($/year) Estimated / Per Year 5000 16% 6000 16% 9000 11% Year 0 1-4 5 The future worth in 5 years is $
For the cash flows shown, determine the future worth in year 5. Cash Flow($/year) Estimated / Per Year 5000 16% 6000 16% 9000 11% Year 0 1-4 5 The future worth in 5 years is $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![For the cash flows shown, determine the future worth in year 5.
Cash Flow($/year)
5000
6000
9000
Year
0
1-4
5
The future worth in 5 years is $
Estimated / Per Year
16%
16%
11%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F790080fb-59d1-4f0a-b6b8-e414617648c8%2F83756016-638b-45df-9f48-b32666877abc%2Fzrdmk6_processed.png&w=3840&q=75)
Transcribed Image Text:For the cash flows shown, determine the future worth in year 5.
Cash Flow($/year)
5000
6000
9000
Year
0
1-4
5
The future worth in 5 years is $
Estimated / Per Year
16%
16%
11%
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