First draw a cash flow diagram for the cash flow series shown below. Then write an expression (e.g., P= 500(P/A 5%, 3) + 100(P/G 5%, 3) + ...) for the present worth of the following cash flow series. You must use at least one uniform series factor, at least one gradient series factor, and at least one geometric series factor. i= 5% per period. EOY 1 2 3 4 6 7 8 9 10 Cash -3,000 -9,000 |-9,300 | -9,600 | -9,900 | 7,000 5,000 6,000 7,200 8,640 | 10,000 Flow a) b) Draw the cash flow diagram for the above cash flow series. Write down the expression for the present worth of the above cash flow series.

Principles of Information Systems (MindTap Course List)
12th Edition
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Ralph Stair, George Reynolds
Chapter2: Information Systems In Organizations
Section: Chapter Questions
Problem 11SAT
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First draw a cash flow diagram for the cash flow series shown below. Then write an expression
(e.g., P= 500(P/A 5%, 3) + 100(P/G 5%, 3) + ...) for the present worth of the following cash flow series. You
must use at least one uniform series factor, at least one gradient series factor, and at least one geometric series
factor. i= 5% per period.
EOY
1
2
3
4
6
7
8
9
10
Cash
-3,000 -9,000 |-9,300 | -9,600 | -9,900 | 7,000 5,000 6,000 7,200 8,640 | 10,000
Flow
a)
b)
Draw the cash flow diagram for the above cash flow series.
Write down the expression for the present worth of the above cash flow series.
Transcribed Image Text:First draw a cash flow diagram for the cash flow series shown below. Then write an expression (e.g., P= 500(P/A 5%, 3) + 100(P/G 5%, 3) + ...) for the present worth of the following cash flow series. You must use at least one uniform series factor, at least one gradient series factor, and at least one geometric series factor. i= 5% per period. EOY 1 2 3 4 6 7 8 9 10 Cash -3,000 -9,000 |-9,300 | -9,600 | -9,900 | 7,000 5,000 6,000 7,200 8,640 | 10,000 Flow a) b) Draw the cash flow diagram for the above cash flow series. Write down the expression for the present worth of the above cash flow series.
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