What is the value of the equipment at t=0? Calculate your answer to the nearest dollar. t=0 $700 $500 1 $200 2 3 $200 4 X 5 In the cash flow above, if X = $800, what is the present worth of the investment? Calculate your answer to the nearest dollar. A company wants to take a loan at an interest rate of 8% to buy a new piece of equipment for its factory. They decide to make 20 equal payments - $600 per year for the next 20 years. Use this information to answer the following questions.