a) A set of cash flows begins at $200,000 at the end of year 1. It deceases by 10% at the end of year 2 and so on, until n = 10 years. If the MARR = 8%, what is the PW of the flow?
b) Lucky Linda, a very good Avon salesperson, is averaging $100,000 per year in sales. At an interest rate of 10%, what is her future worth in 5 years?