ENGINEERING FUNDAMENTALS
ENGINEERING FUNDAMENTALS
6th Edition
ISBN: 9781337705011
Author: MOAVENI
Publisher: CENGAGE L
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Chapter 20, Problem 16P
To determine

Find the equivalent future worth of the cash flow diagram.

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2. Attach a complete solution. Draw the cash flow diagram. Suppose that P 4500 is deposited each year into a bank account that pays 8% interest compounded quarterly. How much would be accumulated in his fund by the end of the 4th year? The first payment occurs at time zero (now).
Solve Problem 20.16 using Excel.
For the cashflow diagram below, what is the equivalent annual worth? Consider i=8%. 0 1 2 3 4 5 6 Years ४. 300 400 500 600 700 800
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