What is the present value of your-end-of-year investment of $1000 per year, with the first cash flow received four years from today and the last one 10 years from today? Use a discount rate of 18% .

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 15EB: Project X costs $10,000 and will generate annual net cash inflows of $4,800 for five years. What is...
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What is the present value of your-end-of-year investment of $1000 per year, with the first cash flow received four years from today and the last one 10 years from today? Use a discount rate of 18% .

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