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For the cash flows shown, calculate the future worth in year 9 using i= 15% per year. Year 0 1 2. 3 5 6 Cash

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For the cash flows shown, calculate the future worth in year 9 using i= 15% per year. Year 0 1 2. 3 5 6 Cash flow, $ 200 200 200 200 300 300 300 The future worth is calculated to be $ Industrial Electric Services has a contract with an embassy in Mexico to provide maintenance for scanners and other devices in the building. What is the present worth of the contract (in year O) if the company will receive a total of nine $13,000 payments beginning in year 2 and ending in year 10 and the interest rate is 10% per year

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