Question
Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 1 $ 4,000 $7,000 2 5,000
| Annual cash inflows that will arise from two competing investment projects are given below: |
| Year | Investment A | Investment B |
| 1 | $ 4,000 | $7,000 |
| 2 | 5,000 | 6,000 |
| 3 | 6,000 | 5,000 |
| 4 | 7,000 | 4,000 |
|
|
| |
| Total | $22,000 | $22,000 |
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The discount rate is 12%.
| Use Excel or a financial calculator to solve the homework. Round answers to the nearest dollar. |
| Required: |
| Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment.
|
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The Politics Of Internal Auditing
Authors: Dr. Larry Rittenberg, Patty Miller
1st Edition
0894139053, 978-0894139055
