2.You are considering an investment costing $300,000. If you want to recover the initial investment, and also earn 11% interest while your money is being tied up within four years, what is the required equal annual net revenue that must be generated from the investment? Ans. R= $96,697.91

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 27P
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Good day! I need your help tutor please answer the question attached below. The answer is already provided, which means that will be your basis if your answers are correct or not.

Ps. In your solution, you identify the given and the what is being asked in the problem and I want to see the formula that you used and box your final answer. Don't give me a solution that is made in ms excel, I am not econ major so i'm asking for you to do the manual or the traditional computation.Lastly, don't give me a shortcut solution because i want to learn and study your computation :)

2.You are considering an investment costing $300,000. If you want to recover the initial investment, and also earn 11%
interest while your money is being tied up within four years, what is the required equal annual net revenue that must be
generated from the investment? Ans. R= $96,697.91
Transcribed Image Text:2.You are considering an investment costing $300,000. If you want to recover the initial investment, and also earn 11% interest while your money is being tied up within four years, what is the required equal annual net revenue that must be generated from the investment? Ans. R= $96,697.91
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