The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 12% per year is closest to, A $14,900 B $16,200 c) $12,100 $13,300

Cornerstones of Cost Management (Cornerstones Series)
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Author:Don R. Hansen, Maryanne M. Mowen
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Chapter19: Capital Investment
Section: Chapter Questions
Problem 19E
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17. With solution please

The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 12% per year is closest
to,
A $14,900
B $16,200
c) $12,100
D $13,300
Transcribed Image Text:The present worth of $5,000 in year 3, $10,000 in year 5, and $10,000 in year 8 at an interest rate of 12% per year is closest to, A $14,900 B $16,200 c) $12,100 D $13,300
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