• For the cash flow series shown below, a) Find the present worth b) Find the equivalent annual worth Year Cash Flow, $/Year Interest Rate per Year % 1-3 5,000 10 4 – 5 7,000 12

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 29P
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Solve it both subparts early. 

Note:- not solve this question in excel works.

 Use handwriting or typed answer with details explanation required. 

• For the cash flow series shown below,
a) Find the present worth
b) Find the equivalent annual worth
Year Cash Flow, $/Year Interest Rate per Year %
1-3
5,000
10
4 – 5
7,000
12
Transcribed Image Text:• For the cash flow series shown below, a) Find the present worth b) Find the equivalent annual worth Year Cash Flow, $/Year Interest Rate per Year % 1-3 5,000 10 4 – 5 7,000 12
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