Homework Answers
The present worth = 15000*(P/A,6%,15)+750*(P/G,6%,15)
= 15000*9.712249+750*57.55455
= 188849.65
The future worth = 15000*(F/A,6%,15)+750*(F/G,6%,15)
= 15000*23.27597+750*137.9328
= 452589.2
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