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4. An investment has the following cash flow series where interest is 11.0%: [20 pts] End of Year Cash Flow End of Year Cash

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4. An investment has the following cash flow series where interest is 11.0%: [20 pts] End of Year Cash Flow End of Year Cash Flow 0 $270 5 $120 1 $340 6 $820 2 $620 7 $740 3 -$540 8 $650 4 -$270 a) Determine the present worth of the series. b) Find the worth of the series at the end of year 2. Final answer:

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