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i am having trouble understanding this problem. how would i start it? Question 17 A project requires an initial investment of $350,000 and will return
i am having trouble understanding this problem. how would i start it? Question 17 A project requires an initial investment of $350,000 and will return $140,000 each year for six years. Factors: Present Value of $1 Factors: Present Value of an Annuity (r = 10%) (r-10%) Year 0 1.0000 0.9091 Year 1 0.9091 Year 1 0.8264 Year 2 1.7355 Year 2 0.7513 Year 3 2.4869 Year 3 3.1699 Year 4 0.6830 Year 4 3.7908 Year 5 0.6209 Year 5 4.3553 Year 6 0.5645 Year 6 A project requires an initial investment of $350,000 and will return $140,000 each year for six years. Factors: Present Value of $1 Factors: Present Value of an Annuity Ir = 10%) (r = 10%) Year 1.0000 Year 1 0.9091 0.9091 Year 1 1.7355 Year 2 0.8264 Year 2 0.7513 Year 3 24869 Year 3 Year 4 0.6830 3.1699 Year 4 0.6209 Year 5 3.7908 Year 5 0.5645 Year 6 4.3553 Year 6 If taxes are ignored and the required rate of return is 10%, what is the project's net present value frounded to the nearest dollar? 5114800 $340.000 5109.742 5259.742
i am having trouble understanding this problem. how would i start it?
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