Homework Answers
i = 9%, n = 12, G = 140
Future worth of account = 140 * (F/G, 9%, 12)
= 140 * 90.452442
= 12663.34 ~ 12663 (Nearest SAR)
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2. A cash flow sequence starts in year 1 at $9000 and decreases
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Please show work, so I can understand how you came to the
answers for each.
A) Determine the equivalent annual savings for each process
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2) The equivalent annual savings for process B are $_____
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