4. Determine the equal, end of period, annual worth of a process which will involve an initial outlay of $95000 followed by costs of $11000 at the end of yearl and amounts increasing by $1500 per year through its 14 year life. Assume that the interest rate is 9% per year. Basic Time Value Models 1) F = P(1+) 2) P = F(1+i)" 3) F= 4) A =F -1 5) P=4 6) A =P G (1+1)-1 7) F n 8) P" G(1+i)"-1 il (1+1)" (1+1) 11 9 =017 -1 (1+E 1+1 E- 10) P =D 11) Dn P= 1 + E i-E