3.37 Find the present worth in year 0 for the cash flows shown. Let i= 10% per year. i = 10% 4 2 200 50 70 90 110 130 150 8 Year 170

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
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Author:Don R. Hansen, Maryanne M. Mowen
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Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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Find the present worth in year 0 for the cash flows 
shown. Let i = 10% per year.

 

Please solve it with formula not table, 

Thank you

 

3.37 Find the present worth in year 0 for the cash flows
shown. Let i = 10% per year.
i = 10%
0
1
2
200 50
3
70
4
90
5
110
130
7
150
8 Year
170
Transcribed Image Text:3.37 Find the present worth in year 0 for the cash flows shown. Let i = 10% per year. i = 10% 0 1 2 200 50 3 70 4 90 5 110 130 7 150 8 Year 170
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