Question
A project requires an initial investment of $120,000 and generates cash flows of $50,000 annually for 6 years. If the discount rate is 8%, calculate
A project requires an initial investment of $120,000 and generates cash flows of $50,000 annually for 6 years. If the discount rate is 8%, calculate the net present value (NPV) of the project.
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
