A company plans to finance a large project that will last 5 years. The company will borrow $780,000 now to finance the project. How much
A company plans to finance a large project that will last 5 years. The company will borrow $780,000 now to finance the project. How much will the company have to receive in annual payments for 5 years, provided it will also receive a final lump sum payment after 10 years in the amount of $80,000. The MARR is 20% per year on this investment. Your Answer: Answer units
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