Professional Documents
Culture Documents
# years
annual rate
Future Value
0
7
9%
4500
5
6.50%
($1,840.09)
$6,165.39
$825.69
$757.51
($584.94)
($0.60)
$183.49
$259.01
$998.26
$625.36
$4.97
###
initial cost
overhaul in 5th year
annuity
rate
96000
25000 ($14,185.67)
12000 ($59,611.68)
12% ($169,797.35)
Future Value
Interest Rate
Number years
110000
12%
23
Present Value
($8,116.68)
($11,813.49)
Present Value
Future Value
Interest Rate
N=
2500
4000
6%
8.066113548 8.066114