Question
If you invest $49,000 today for 6.5 percent, 16 years of annual income, what would be the annual cash flow? (Do not round up intermediate
If you invest $49,000 today for 6.5 percent, 16 years of annual income, what would be the annual cash flow? (Do not round up intermediate calculations and round your final answer to 2 decimal places, eg 32.16.) |
| Annual cash flow | $ |
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Step: 1
To calculate the annual cash flow from an investment of 49000 at a 65 interest ...
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
