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9. Find the future worth F and the equivalent uniform annual worth A for the cash flows shown below. 12% per year 10% per
9. Find the future worth F and the equivalent uniform annual worth A for the cash flows shown below. 12% per year 10% per year 1 2 3 4 5 6 7 8 9 10 Year 0 $200 $200 $200 $200 $200 $250 $300 $350 $400 $450 10. A rural utility company provides standby power to pumping stations using diesel-powered generators. An alternative has arisen whereby the utility could use a combination of wind and solar power to run its generators, but it will be a few years before the alternative energy systems are available. The utility estimates that the new systems will result in savings of $15,000 per year for 3 years, starting 3 years from now. The savings increases to $27,000 in year 6, $39,000 in year 7, and continue to have a uniform increases until year 10. At an interest rate of 11% per year, compounded quarterly, determine the equivalent annual worth of the projected savings.
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