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For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to
For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in years 1 through 7 equal to $500. The interest rate is 9% per year.
| Year | Cash flow, $ | Year | Cash flow, $ |
| 0 | 4 | 125 + 3G | |
| 1 | 125 | 5 | 125 + 4G |
| 2 | 125 + G | 6 | 125 + 5G |
| 3 | 125 + 2G | 7 | 125 + 6G |
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How Much Can I Spend In Retirement A Guide To Investment Based Retirement Income Strategies
Authors: Wade D Pfau
1st Edition
1945640022, 978-1945640025
