Reference no: EM13996868
An Investment has the following cash flow series where interest is 8 percent.
End of Year---> 0,1,3,4,5,6,7,8
Cash Flow--> $300, $300, $600, -$500, -$300, $0, $800, $700, $600
A) Determine the present worth of the series.
B) Determine the future worth of the series at the end of year 8.
C) Find the worth of the series at the end of year 2.
Please show work. Not a chart from excel.
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