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.
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
Problem 37P
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