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Do not use excel. Show all work. Do not use just F/P or P/F. Show cash flow diagram. 86. Consider the following cash flow profile:
Do not use excel.
86. Consider the following cash flow profile: EOY 0 Cash Flow - $75,000 $3,000 $6,000 $9,000 $12,000 1 EOY 5 6 7 COO 01 Cash Flow $15,000 $18,000 $21,000 $24,000 2 8 3 4 Using a gradient series factor, determine the present worth equivalent for the cash flow series using an annual compound interest rate of: a. 6% b. 7% Show all work.
Do not use just F/P or P/F.
Show cash flow diagram.
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