What is cw when starting in year one and continuing forever


Problem

a. What is the CW, when i = 10% per year, of $1,500 per year, starting in year one and continuing forever; and $10,000 in year five, repeating every four years thereafter, and continuing forever?

b. When i = 10% per year in this type of problem, what value of N, practically speaking, defines "forever"?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is cw when starting in year one and continuing forever
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