Use the following cash flow for a - d
In year 0 you paid $50000 for a machine
In years 1 through 5 you made $10000 per year from the machine
In year 3 you had to pay an additional $10000 to keep the machine going
In year 5 you sold the machine for $20000
a. Calculate the Present Worth (PW) at 10% interest.
b. Calculate the Future Worth (FW) at 10% interest.
c. Calculate the Annual Worth (AW) at 10% interest.
d. What is the payback period?