Refer to the following table of cash flows: What is the annual worth of these cash flows

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Refer to the following table of cash flows:

End of year 4 12 16 $5,000 $5,000 $5,000 $5,000 $5,000 Cash flow

What is the annual worth of these cash flows over 16 years when i = 5% per year?

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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