Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 10% per year.
What will be an ideal response?
F = (200 – 90)(F/A,10%,8)
= 110(11.4359)
= $1,257,949
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