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Assume that an Investment provides the following cash inflows over a three-year period: Year 1 Year 2 Year 3 Total $ 5,000 5,000 7,000
Assume that an Investment provides the following cash inflows over a three-year period: Year 1 Year 2 Year 3 Total $ 5,000 5,000 7,000 $ 17,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. Assuming a discount rate of 17%, what is the present value of these cash inflows?
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Core concepts of accounting information systems
Authors: Jacob M. Rose, Mark G. Simkin, Carolyn Strand Norman
13th edition
978-1-119-0332, 1118742931, 978-1118742938
