Determine the annual worth if the minimum attractive rate

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Reference no: EM13154584

Consider the following cash flow. Determine the annual worth if the minimum attractive rate of return is 9% per year.

Year	Cash Flow, $	Year	Cash Flow, $
0	-150,000	6	15,000
1	13,000	7	15,400
2	13,400	8	15,800
3	13,800	9	16,200
4	14,200	10-14	16,600
5	14,600	15	17,000

Reference no: EM13154584

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