Consider the Following Cash Flow

question 22

Short Answer

Consider the following cash flow. Determine the annual worth if the minimum attractive rate of return is 9% per year. $$\begin{array} { | l | l | l | l | } \hline \text { Year } & \text { Cash Flow } , \$ & \text { Year } & \text { Cash Flow } , \$ \\\hline 0 & -150,000 & 6 & 15,000 \\\hline 1 & 13,000 & 7 & 15,400 \\\hline 2 & 13,400 & 8 & 15,800 \\\hline 3 & 13,800 & 9 & 16,200 \\\hline 4 & 14,200 & 10 - 14 & 16,600 \\\hline 5 & 14,600 & 15 & 17,000 \\\hline\end{array}$$

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Definitions:

Invasions

The act of entering a place in large numbers, especially when involving a change in the ecosystem by non-native species, or the act of military forces entering another country.

Prairie Pothole Region

An area in North America characterized by thousands of shallow wetlands, significant to North American migratory waterfowl.

Wetlands

Areas of land that are saturated with water, either permanently or seasonally, characterized by distinct ecosystems with specific types of plants and animals.

Interactions

The ways in which organisms, objects, or individuals influence each other within their environment or system, often determining the dynamics of the system.