Question
Calculate the present worth of this investment Would it be a bad investment or not worthy to invest on? why? why not? Please be detailed
Calculate the present worth of this investment Would it be a bad investment or not worthy to invest on? why? why not?
Please be detailed on the process I want to learn how to do it by myself
1st Costs $10K @ time zero & 3K @the end of year 1
Annual Revenues $14K
Annual Costs $7K
Life (or N) 7
Salvage Value $0
Interest rate 7%
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
