Decide the present worth of five equal annual deposits

Reference no: EM13687296

Decide the present worth of 5 equal annual deposits of $1,600 at the end of years 1 through 5, followed by 4 equal annual withdrawals of $800 at the end of years 4 through 7. Note that both years 4 and 5 will have a deposit and a withdrawal. Interest is 5 percent. $

Reference no: EM13687296

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Decide the present worth of five equal annual deposits : Decide the present worth of 5 equal annual deposits of $1,600 at the end of years 1 through 5, followed by 4 equal annual withdrawals of $800 at the end of years 4 through 7. Note that both years 4 and 5 will have a deposit and a withdrawal. Interest..

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