The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $600,000. If the gradient increase each year, G, is $1500, determine the cash flow in year 1 at an interest rate of 11% per year. The cash flow in year 1 is $

The cost to manufacture a firing system component used in a rapid deployment missile defense system was $22,000 the first year; however, the company expects the cost to increase by 2% each year. Calculate the present worth of this cost over a 5-year period at an interest rate of 10% per year compounded monthly. The present worth of the cost is $

Nippon Steel's expenses for heating and cooling a large manufacturing facility are expected to increase according to an arithmetic gradient beginning in year 2 . If the cost is$550,000this year (year 0 ) and will be$550,000again in year 1 , but then it is estimated to increase by$42,000each year through year 12 , what is the equivalent annual worth in years 1 to 12 of these energy costs at an interest rate of11%per year? The equivalent annual worth is determined to be$

Improvised explosive devices (IEDs) are responsible for many deaths in times of strife and war. Unmanned ground vehicles (robots) can be used to disarm the IEDs and perform other tasks as well. If the robots cost $165,000 each and the military arms unit signs a contract to purchase 3,500 of them now and another 9,000 one year from now, what is the equivalent annual cost of the contract over a 10- year period at 9% per year interest? The equivalent cost of the contract is determined to be $2254312500