A certain end of year cash flows are expected to be P 7,000.00 at the end of the 3 rd year, P 9,000.00 at the end of the 4th year, P 11,000.00 at the end of the 5th year, and P 13,000.00 at the end of the 6th year. Using 15% interest per year, determine the equivalent a. present worth at the beginning of the first year and b. uniform annual worth at the end of each year of the 6 years. ANS. P 20,837.60, AND P 5,506.06
Extracted text: 3. A certain end of year cash flows are expected to be P 7,000.00 at the end of the 3rd year, P 9,000.00 at the end of the 4th year, P 11,000.00 at the end of the 5th year, and P 13,000.00 at the end of the 6th year. Using 15% interest per year, determine the equivalent a. present worth at the beginning of the first year and b. uniform annual worth at the end of each year of the 6 years. ANS. P 20,837.60, AND P 5,506.06