Kaehler Enterprises earns 8% on an investment that pays back $90,000 at the end of each of

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Kaehler Enterprises earns 8% on an investment that pays back $90,000 at the end of each of the next 6 years. What is the amount Kaehler Enterprises invested to earn the 8% rate of return?

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 22, 2011 11:35 AM

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Kaehler Enterprises earns 8% on an investment that pays back $90,000 at the end of each of

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Discount rate from Table 4 is 462288 Present value o...View the full answer

Financial Accounting Tools for business decision making

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