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Consider the following investment project. Calculate the net future worth of this investment at 9% and determine the acceptability of the investment. n A n
Consider the following investment project. Calculate the net future worth of this investment at 9% and determine the acceptability of the investment.
n | An |
---|---|
0 | -40000 |
1 | 26700 |
2 | 27700 |
3 | 21700 |
4 | 21700 |
5 | 34000 |
Answer: $95500, investment is acceptable
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