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Can you show me how we got our N 5. A construction management company is examining its cash flow requirements for the next 7 years.
Can you show me how we got our N
5. A construction management company is examining its cash flow requirements for the next 7 years. The company expeets to replace software and in-field computing equipment at various times over a 7-year planning period. Specifically, the company expects to spend $6000 one year from now, $9000 three years from now, and $10,000 each year in years 6 through 10 . What is the future worth in year 10 of the planned expenditures, at an interest rate of 125 per year? Compound Amount: F/p for 12% and n=9,n=7 Compound Amount: F/P for 12% and n=5. F=F=F=6000(F/P,12%,9)+9000(F/P,12%,7)+10000(F/P,12%,5)6000(2.7731)+9000(2.2107)+10000(6.3528)$100,063 Step by Step Solution
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