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For the cash flows shown, calculate the future worth in year 13 at i = 10% per year. Year 0 1 2 3 4 5
For the cash flows shown, calculate the future worth in year 13 at i = 10% per year.
Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Cash flow, $ | 500 | 500 | 500 | 0 | 800 | 800 | 800 | 800 |
The future worth is calculated to be $ .
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