At i = 8% per year, the annual worth for years 1 through 6 of the cash flows shown is closest to:
(a) $302
(b) $421
(c) $572
(d) $824
A = 800 – 100(A/G,8%,6)
= 800 – 100(2.2763)
= $572.37
Answer is (c)
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