Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount Initial amount $185,500 Annual cash flow $71,963 Rate of return 14% The number of investment years, n, is enter your response here years.
Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount Initial amount $185,500 Annual cash flow $71,963 Rate of return 14% The number of investment years, n, is enter your response here years.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
Problem 12E
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Number of years to provide a given return In the information given in following case, determine the number of years that the given oridinary
Initial amount $185,500
Annual cash flow $71,963
Rate of return 14%
The number of investment years, n, is enter your response here years.
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