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An initial investment of $17,641 in the business guarantees the following cash flows: Year Cash flow 2 8,569 5 6,709 4 5,918 Assume an interest
An initial investment of $17,641 in the business guarantees the following cash flows:
Year | Cash flow |
2 | 8,569 |
5 | 6,709 |
4 | 5,918 |
Assume an interest rate of 6% compounded quarterly. Find the Net Present Value (NPV) (Round your answer to ONE decimal Place)
NPV=
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