What is the present worth of the planned expenditures

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Q. 2.12 V-Tek Systems is a manufacturer of vertical compactors also it is examining its cash flow requirements for the next 5 years. The company expects to replace office machines also computer equipment at various times over the 5-year planning period. Specifically, the company expects to spend $9000 2 years from now, $8000 three years from now also $5000 five years from now. Illustrate what is the present worth of the planned expenditures at an interest rate of 10% every year?

Reference no: EM1320255

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