i need help. What is the general formula for FW and how can we apply it here?
i guess from the table: N = 7 years, P (investment) = $10,000, but what is the Annual receipts/expenses?
i need to find FW (i guess it is Future worth or maybe Face value worth?) and then see if it is acceptable or not.
Net future worth ( future value ) = FV of annual receipt - FV of annual expenses - FV of investment cost + FV of... View the full answer