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Finance Mathematics Project P requires an investment of 4000 today. The investment pays 2000 one year from today and 4000 two years from today. Project
Finance Mathematics
Project P requires an investment of 4000 today. The investment pays 2000 one year from today and 4000 two years from today. Project Q requires an investment of X two years from today. The investment pays 2000 today and 4000 one year from today. The net present values of the two projects are equal at 10% annual force of interest. Calculate X. X =Step by Step Solution
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