Consider the Following Cash Flow

Short Answer

Consider the following cash flow. Determine the annual worth if the minimum attractive rate of return is 9% per year. $$\begin{array} { | l | l | l | l | } \hline \text { Year } & \text { Cash Flow } , \$ & \text { Year } & \text { Cash Flow } , \$ \\\hline 0 & -150,000 & 6 & 15,000 \\\hline 1 & 13,000 & 7 & 15,400 \\\hline 2 & 13,400 & 8 & 15,800 \\\hline 3 & 13,800 & 9 & 16,200 \\\hline 4 & 14,200 & 10 - 14 & 16,600 \\\hline 5 & 14,600 & 15 & 17,000 \\\hline\end{array}$$