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Here is an unequal payment series. Calculate the present worth of this series. Positive is income, negative is a payment. Use on interest rate of 10.4 Year 1: -80000 Year 2: 10000 Year 3: 35000 Year 4: 50000 Year 5: 25000

Here is an unequal payment series. Calculate the present worth of this series. Positive is income, negative is a payment. Use on interest rate of 10.4 Year 1: -80000 Year 2: 10000 Year 3: 35000 Year 4: 50000 Year 5: 25000

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Here is an unequal payment series. Calculate the present worth of this series. Positive is income, negative is a payment. Use on interest rate of 10.4 Year 1: -80000 Year 2: 10000 Year 3: 35000 Year 4: 50000 Year 5: 25000
Transcribed Image Text:Here is an unequal payment series. Calculate the present worth of this series. Positive is income, negative is a payment. Use on interest rate of 10.4 Year 1: -80000 Year 2: 10000 Year 3: 35000 Year 4: 50000 Year 5: 25000
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