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2. For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $601.17 and the

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2. For the cash flows below, determine the amount in year 1, if the annual worth in years 1 through 9 is $601.17 and the interest rate is 10% per year. Year 1 2 3 4 5 6 7 8 9 Cost, $ A A+30 A+60 A+90 A+120 A+150 A+180 A+210 A+240 3. Apple Computer wants to have $2.1 billion available 5 years from now to finance production of a handheld electronic brain" that, based on your behavior, will learn how to control nearly all the electronic devices in your home, such as the thermostat, coffee pot, TV, and sprinkler system. The company expects to set aside uniformly increasing amounts of money each year to meet its goal. If the amount set aside at the end of year 1 is $50 million, how much will the constant increase G have to be each year? Assume the investment account grows at a rate of 18% per year. 3. Apple Computer wants to have $2.1 billion available 5 years from now to finance production of a handheld electronic brain" that, based on your behavior, will learn how to control nearly all the electronic devices in your home, such as the thermostat, coffee pot, TV, and sprinkler system. The company expects to set aside uniformly increasing amounts of money each year to meet its goal. If the amount set aside at the end of year 1 is $50 million, how much will the constant increase G have to be each year? Assume the investment account grows at a rate of 18% per year

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