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Determine the present value cost for the cost stream

Determine the present value cost for the cost stream illustrated in figure 3.21(assume that the cost of capital is 12%)

Year1 8,000

Year 2 9,000

Year 3 12,000

Year 4 12,000

Year 5 13,000

Year 6 14,000

Year 7 15,000

Year 8 15,000

year 9 16,000

Year 10 17,000

Present value life cost =

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Business Management: Determine the present value cost for the cost stream

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