Find the present worth of the following infinite cash flows, using i = 8%/year. Year                Cash flows at the end of each year     1                      0 2                      0 3                      0 4                      $500 5                      $1100 6                      $500 7                      $1100 8                      $500 9                      $1100

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Find the present worth of the following infinite cash flows, using i = 8%/year.

Year                Cash flows at the end of each year    

1                      0

2                      0

3                      0

4                      $500

5                      $1100

6                      $500

7                      $1100

8                      $500

9                      $1100

:                       :              

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