Question
A project has estimated annual net cash flows of $11,250 for three years and is estimated to cost $40,000. Assume a minimum acceptable rate of
A project has estimated annual net cash flows of $11,250 for three years and is estimated to cost $40,000. Assume a minimum acceptable rate of return of 15%. Use the Present Value of an Annuity of $1 at Compound Interest table below.
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Auditors Guide To IT Auditing
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
