Homework Answers
Answer:-
Present Worth= -Cost +A(P/A,i,n)+G(P/G,i,n)(P/F,i,n)
=-14000+2000*(P/A,12%,20) + 500*(P/G,12%,11)*(P/F,12%,9)
= -14000+2000*7.469444+500*23.12885*0.36061
= -14000+14938.8872+12576.8722*0.36061
= -14000+14938.8872+4170.248
= 5109.135
Hence, Present Worth is 5109.135.
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