Question
Amar invests R1 500 000 in Minky's Cosmetic Shop. Her cash flows for the next five years are R610 000, R500 000, R100 000, R800
Amar invests R1 500 000 in Minky's Cosmetic Shop. Her cash flows for the next five years are R610 000, R500 000, R100 000, R800 000 and R750 000, respectively. What is the approximate net present value (NPV) if the capital cost K equals 14,12%?
The future value of an annuity is R219 464,29. The term of this annuity is ten years and the interest rate is 9,65% per year, compounded monthly. What is the present value of this annuity?
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
