For the cash flows below determine the amount in year 1, if the annual worth in years

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For the cash flows below determine the amount in year 1, if the annual worth in years 1 through 9 is $3500 and the interest rate is 10% per year.

1 2 4 5 6 7 3 Year Cost, A A+40A+80A+120 A+160 A+200 A+240 A+280 A+320 $1000

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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