Question
An investment opportunity requires an investment today of $50,000 and promises to pay you $5,000 each year for the next 25 years (first payment one
An investment opportunity requires an investment today of $50,000 and promises to pay you $5,000 each year for the next 25 years (first payment one year from today). Using an interest rate of 8% per year, what is the NPV of this investment, that is, what is the total present value of all cash flows as of today?
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Algebra And Trigonometry Graphs And Models
Authors: Marvin Bittinger, Judith Beecher, David Ellenbogen, Judith Penna
6th Edition
0134179048, 9780134179049
