Question 15For the cash flows shown in the table, determine the future worth in year 8 at an interest rate of 8% per year.Year0178250500Payment, SRO a. SR 3559.6O b. SR 3677.8OC. SR 3,926.5Od. SR 3,8002 3500 4504 5400 3506300

FV = PV(1+r)n FV = Future Value PV = Present Value r = annual interest rate n = number of periods

For the cash flows shown in the table, determine the future worth in year 8 at an interest rate of 8% per year. 1 2 67 8 Year Payment, SR 500 300 250 500 O a. SR 3559.6 O b. SR 3677.8 OC. SR 3,926.5 Od. SR 3,800 0 3 4 5 450 400 350

For the cash flows shown in the table, determine the future worth in year 8 at an interest rate of 8% per year. 1 2 67 8 Year Payment, SR 500 300 250 500 O a. SR 3559.6 O b. SR 3677.8 OC. SR 3,926.5 Od. SR 3,800 0 3 4 5 450 400 350

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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