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Could u help me to sovle this problem?Thanks a lot. We are about to make an investment that is going to generate a given cash
Could u help me to sovle this problem?Thanks a lot.
We are about to make an investment that is going to generate a given cash flow in the next 20 years annually at the end of each years. Similar investments offer 8,5% annual percentage rate. Assuming that we can buy this project for $3789000 today than what is the cash flow generated by this project at the end of each years? (Give the answer in dollars without the $ sign. Eg. if the answe is 142.1 $ than write 142)Step by Step Solution
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