Consider the following cash flow diagram which lasts for 60 years. What is the F
ID: 2720884 • Letter: C
Question
Consider the following cash flow diagram which lasts for 60 years. What is the Future Worth of the diagram if the interest rate is 12 % per year for all 60 years? What is the Present Worth if the interest rate is 6 % per year for all 60 years? What is the Present Worth if the interest rate is 12% for the first, 30 years and the last 30 years is 6%. Note if the exact year is not in the table clearly state what year you are using and make any reasonable approximation. Full credit will not be given for simply a series of 60 single event series. Full credit will be given only if Uniform and possibly Gradient Series are an important part of the calculation.Explanation / Answer
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