For the cash flows shown, calculate the future worth in year 9 using i = 10% per year.
What will be an ideal response?
P = 200 + 200(P/A,10%,3) + 300(P/A,10%,3)(P/F,10%,3)
= 200 + 200(2.4869) + 300(2.4869)(0.7513)
= $1257.90
F = 1257.90(F/P,10%,9)
= 1257.90(2.3579)
= $2966
You might also like to view...
In order to modulate the flow of supply air, VAV systems may use inlet guide vanes on the fan inlet or _____.
a. hot gas bypass b. an economizer c. variable speed drives d. powered exhaust
Name three types of microbes that cause meat spoilage
What will be an ideal response?
If a voltmeter shows a reading of 240 V across the thermal limit to a strip heater on an electric furnace, it indicates:
A) The limit is open, breaking the circuit to the heater. B) The limit is closed, breaking the circuit to the heater. C) The limit is open, completing the circuit to the heater. D) The limit is close, completing the circuit to the heater.
A detailed listing of the rules and principles that apply to specific welded products is a _____
a. welding procedure specification b. welding blueprint c. welding code d. site quality standard