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Hello! I need help solving these problems for engineering economy. Please show the full solution and all work for BOTH PROBLEMS. please write neatly and large (the resolution of photos on the site are low). please be as detailed as possible and answer BOTH questions. Thank you

7. Using tables for uniform gradients, solve for the equivalent future value at the end ofyear 7 ifi-1896. 800 600 400 200 4 200 200

8. Find the present equivalent worth for the following cash flow diagram if the interest rate is 20%. compounded every three months 1500 1200 900 600 300 6 789 10 300 600 900 1200 1500

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Answer #1

Cash Flows $200.00 $200.00 Year FV Factor at 18% FV factor at 1896 Future Value $200.00 $539.91 0 0 $200.00 $400.00 $600.00 $800.00 (1+0.18)A6 (1+0.18)5 (1+0.18)4 (1+0.18)3 (1+0.18)2 (1+0.18)1 1+0.18 2.699554153 2.287757757 1.93877776 1.643032 1.3924 1.18 1.18 $328.61 $556.96 $708.00 $944.00 $1,797.66 Future Value

Therefore, the Future Value at the end of 7th year is $1,797.66

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