efer to the following table of cash flows: End of year:      0           4             8           12          16 Cash flow:   $5,000   $5,000    $5,000    $5,000    $5,000 What is the annual worth of these cash flows over 16 years when i = 5% per year? (5.5)

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 19E
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Refer to the following table of cash flows:
End of year:      0           4             8           12          16
Cash flow:   $5,000   $5,000    $5,000    $5,000    $5,000
What is the annual worth of these cash flows over 16
years when i = 5% per year? (5.5)

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