Question
A project has a first cost P, annual savings A and a salvage value of $500 at the end of its 10-year service life. It
A project has a first cost P, annual savings A and a salvage value of $500 at the end of its 10-year service life. It is also known that the IRR for this project is 10 %, and the payback period is 7 years. What is the project's first cost? (Don't use the $ sign and coma in your answer!)
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Machine Learning For Auditors Automating Fraud Investigations Through Artificial Intelligence
Authors: Maris Sekar
1st Edition
1484280504, 978-1484280508
