Question
1. John deposited $10,000 in a savings account that pays 5% per annum. The future value at the end of the 4th year is 2.
1. John deposited $10,000 in a savings account that pays 5% per annum. The future value at the end of the 4th year is
2. Assuming an investment of $12,000 in a water project with cash inflow stream of: Year 1: $4,000 Year 2: $3,500 Year 3: $6,000 Year 4: $4,000 The company's discount rate is 15%. What is the Net Present Value (NPV) ?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
