Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year. Year 0 1 to 4 5 to 12 Income per year $7,000 $2,500 $4,000 Draw CFD, and Enter the Answer in 'B2' Cell above. Text
Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year. Year 0 1 to 4 5 to 12 Income per year $7,000 $2,500 $4,000 Draw CFD, and Enter the Answer in 'B2' Cell above. Text
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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pleasse answer question below
![A2
A
2 Answer
3
4 Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year.
5
6
7
8
9
10
11
Year
0
1 to 4
5 to 12
18
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20
21
22
fx Answer
B
Income per year
$7,000
$2,500
$4,000
C
12
13
14 Draw CFD, and Enter the Answer in 'B2' Cell above.
15
16
17
D
E
F
G
H
I
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Text
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Transcribed Image Text:A2
A
2 Answer
3
4 Calculate the annual worth (years 1 through 7) of the following series of disbursements. Assume that i = 5% per year.
5
6
7
8
9
10
11
Year
0
1 to 4
5 to 12
18
19
20
21
22
fx Answer
B
Income per year
$7,000
$2,500
$4,000
C
12
13
14 Draw CFD, and Enter the Answer in 'B2' Cell above.
15
16
17
D
E
F
G
H
I
J
K
Text
L
M
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