Calculate the equivalent future cost in year 10 for the following series of disbursements at an interest rate of 10% per year. Also, write a single-cell spreadsheet function that will determine the future worth. Year Disbursement, $ Year Disbursement, $ 0 5 4000 1 4000 6 5000 2 4000 7 5000 3 4000 8 5000 4 4000 9 5000

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Chapter1: Making Economics Decisions
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Calculate the equivalent future cost in year 10 for the
following series of disbursements at an interest rate
of 10% per year. Also, write a single-cell spreadsheet
function that will determine the future worth.
Year Disbursement, $ Year Disbursement, $
0 5 4000
1 4000 6 5000
2 4000 7 5000
3 4000 8 5000
4 4000 9 5000

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