Question
The cash flow profile for an investment is given below, and the interest rate is 6 % compounded annually. Year 0 1 2 3 4
The cash flow profile for an investment is given below, and the interest rate is 6 % compounded annually.
| Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
| Net cash flow | $0.00 | $500.00 | $200.00 | $400.00 | $300.00 | $500.00 | $200.00 |
a. Find the future worth of this cash flow series?.
b. Find the present worth of this cash flow series?
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Foundations Of Financial Management
Authors: Stanley Block
8th Canadian Edition
0070965447, 9780070965447
