Part 1: Find the present worth at i = 10% per year for the cash flow series shown below. 0 1 2 3 4 5 6 7 8 Year $200 $200 $200 $90 $90 $90 Part 2: Recalibration of sensitive measuring devices costs $8,000 per year. If the machine will be recalibrated for each of 6 years starting 3 years after purchase, calculate the 8-year equivalent uniform series at 16% per year.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Part 1: Find the present worth at i = 10% per year for the cash flow series shown below.
0
1 2 3 4
5
6 7 8 Year
$200 $200 $200
$90 $90 $90
Part 2: Recalibration of sensitive measuring devices costs $8,000 per year. If the machine will be
recalibrated for each of 6 years starting 3 years after purchase, calculate the 8-year equivalent
uniform series at 16% per year.
Transcribed Image Text:Part 1: Find the present worth at i = 10% per year for the cash flow series shown below. 0 1 2 3 4 5 6 7 8 Year $200 $200 $200 $90 $90 $90 Part 2: Recalibration of sensitive measuring devices costs $8,000 per year. If the machine will be recalibrated for each of 6 years starting 3 years after purchase, calculate the 8-year equivalent uniform series at 16% per year.
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