Find the present worth in year o for the cash flows shown. Let i= 11% per year. 0 1 2 3 4 5 6 7 8 Year 50 3 70 90 110 130 150 170 200 The present worth is determined to be $ 636.18 . A recently hired chief executive officer wants to reduce future production costs to improve the company's earnings, thereby increasing the value of the company's stock. The plan is to invest $94,000 now and $62,000 in each of the next 3 years to improve productivity. By how much must annual costs decrease in years 4 through 13 to recover the investment plus a return of 13% per year? The annual cost decreases by $C . Find the present worth at time 0 of the chrome plating costs shown in the cash flow diagram. Assume i = 9% per year. P=? d 1 2 3 4 5 year 1000 1200 V 1400 1600 1800 2000 The present worth of the chrome plating is determined to be $N