Your company will generate $45,000 in cash flow each year for the next nine years from a
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Your company will generate $45,000 in cash flow each year for the next nine years from a new information database. The computer system needed to set up the database costs $260,000. If you can borrow the money to buy the computer system at 8.25 percent annual interest, can you afford the new system?
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To find the PVA we use the equation PVA C1 11 r t r PVA ...View the full answer
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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