For the cash ?ows shown, determine the value of G such that the
present worth in year 0 equals ,000 at an interest rate of 12%
per year.

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Question: For the cash ?ows shown, determine the value of G such that the present worth in year 0 equals $1…
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Year

0

1

2

3

4

5

Cash Flow, $

0

8000

8000

8000
G

8000
2G

8000
3G

$3,212
$4,393
$1,446
$6,048

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