Calculate the presence worth over a 5 year period

Reference no: EM13297034

The cost for maufacturing a component used in intelligent interface converters was $23000 the first year. The company expects the cost to increase by 2% each year. Calculate the presence worth over a 5 year period at an interest rate of 10% per year.

Reference no: EM13297034

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Calculate the presence worth over a 5 year period : The cost for maufacturing a component used in intelligent interface converters was $23000 the first year. The company expects the cost to increase by 2% each year. Calculate the presence worth over a 5 year period at an interest rate of 10% per ye..

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