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Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown
Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an Interest rate of 6% per year.
Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 6% per year. Year 2 3 4 5 6 7 8 Revenue, 225 $1000 1225 225 225 225 225 225 225 Expenses, $1000 75 75 75 75 75 75 75 75 The future worth of the cash flows is $ 4,209.83Step by Step Solution
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