Suppose that a certain end-of-year expenses are expected to be$1000 for the second year, $2000 for t

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Suppose that a certain end-of-year expenses are expected to be$1000 for the second year, $2000 for the third year, and $3000 forthe fourth year, and that if interest is 15% per year, it isdesired to find the equivalent (a) present worth at the beginningof the first year, and (b) the uniform annual worth at the end ofeach 4 years.Please answer with formula forms not just excel, will ratethumbs up for complete formulas . . .

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