The present worth of the cash flow with payments in the second through seventh year for amount of $1000 at 10% interest compounding annually will be equal to

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
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Question 3
- / 12.5
The present worth of the cash flow with payments in the
second through seventh year for amount of $1000 at 10%
interest compounding annually will be equal to
1
$4100.2
2
$909.1
3.
$4355.3
$3959.4
Transcribed Image Text:Question 3 - / 12.5 The present worth of the cash flow with payments in the second through seventh year for amount of $1000 at 10% interest compounding annually will be equal to 1 $4100.2 2 $909.1 3. $4355.3 $3959.4
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