Question
A project has an initial cost of $53,200, expected net cash inflows of $8,000 per year for 12 years, and a cost of capital of
A project has an initial cost of $53,200, expected net cash inflows of $8,000 per year for 12 years, and a cost of capital of 9%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places. Can anyone help me, please?
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
6th Edition
150639681X, 978-1506396811
