Question
A company expects their revenues to decrease by $5,773 per year over the next 10 years, starting from year 2. What is the cash
A company expects their revenues to decrease by $5,773 per year over the next 10 years, starting from year 2. What is the cash flow, right now, if the company's MARR is 3% ? In other words, what is the present worth of the reduction in revenue? Note that the answer would be negative
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Step 15 Present value of cash flows can be computed as PV C 1 1r 1 C 2 1r 2 C 3 1r 3 C n 1r n C 1 C ...Get Instant Access to Expert-Tailored Solutions
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Engineering economy
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