Calculate the equivalent future cost in year 10 for the following series of disbursements at an interest rate of 10% per year. Also, write a single-cell spreadsheet function that will determine the future worth.
 FIGURE 1.png)
F = 4000(F/A,10%,9)(F/P,10%,1) + 1000(F/A,10%,4)(F/P,10%,1)
= 4000(13.5795)(1.1000) + 1000(4.6410)(1.1000)
= 59,750 + 5105
= $64,855
Spreadsheet function: = (-FV(10%,9,4000)-FV(10%,4,1000))*(1.1)
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