Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 7% per year. Year 2 3 15 17 Revenue, 250 $1000 250 250 250 250 250 250 250 Expenses, $1000 75 75 75 75 75 75 75 75 The future worth of the cash flows is $

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Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash
flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 7% per year.
Year
1
2
4
15
6
17
Revenue,
250
$1000
250
250
250
250
250
250
250
Expenses,
75
$1000
75
75
75
75
75
75
75
The future worth of the cash flows is $
Transcribed Image Text:Henry Mueller Supply Co. sells vibration control equipment for wind turbines exposed to harsh environmental factors. Annual cash flows for an 8-year period are shown in the table. Determine the future worth of the cash flows at an interest rate of 7% per year. Year 1 2 4 15 6 17 Revenue, 250 $1000 250 250 250 250 250 250 250 Expenses, 75 $1000 75 75 75 75 75 75 75 The future worth of the cash flows is $
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