The annual worth for years 1 through infinity of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per year in years 21 through infinity at 10%/year is closest to Between $15,400-$15,800 Between $15,800-$16,200 Between $16,200-$16,600

The annual worth for years 1 through infinity of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per year in years 21 through infinity at 10%/year is closest to Between $15,400-$15,800 Between $15,800-$16,200 Between $16,200-$16,600

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The annual worth for years 1 through infinity of $50,000 now, $10,000 per year in
years 1 through 15, and $20,000 per year in years 21 through infinity at 10%/year is
closest to
Between $15,400-$15,800
Between $15,800-$16,200
Between $16,200-$16,600
Higher than $16,600

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