Question
Calculate the AE given a project with an outlay of -2000 and cash flows of 1500 per year for 4 years. The discount rate is
Calculate the AE given a project with an outlay of -2000 and cash flows of 1500 per year for 4 years. The discount rate is 0.12. The rate is given as a decimal (eg .12 is 12%). Answer to the nearest dollar.
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Get StartedRecommended Textbook for
Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
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