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DO NOT USE EXCEL USE TABULATED FACTORS AND SHOW CASH FLOW DIAGRAM please answer If you know A project has the following financial considerations: initial
DO NOT USE EXCEL
USE TABULATED FACTORS AND SHOW CASH FLOW DIAGRAM
please answer If you know
A project has the following financial considerations: initial cost of $30,000, . net revenues of $6.000 the second year, increasing by $500 thereafter for the next year for 10 years (i.e., revenue = 0 the 1st year. $6,000 the 2nd year, $6,500 the 3rd year, and so on) salvage value of $10,000 at the end of the 8th year MARR is 6%/year Please be sure ho answer both part a and b of this question. a. What is the undiscounted payback period for this project? b. What is the present value equivalent of the project cash flows over the entire 8 year periodStep by Step Solution
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