Question
Consider the following cash flow and compute the equivalent annual worth at i = 11.7%. The cash flow for years 0 through 6 in dollars
"Consider the following cash flow and compute the equivalent annual worth at i = 11.7%.
The cash flow for years 0 through 6 in dollars is:
22,000
-3,100
-3,100
-6,800
-9,800
-15,800
-17,200
The answer could be negative."
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
