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(ii) Sonstraal Butchery intends to modernise its butchery machinery and equipment. The company anticipates that the modernisation will increase cash flows by R200,000 four years
| (ii) Sonstraal Butchery intends to modernise its butchery machinery and equipment. The company anticipates that the modernisation will increase cash flows | |||||||||||
| by R200,000 four years from today, R350,000 five years from today, R360,000 six years from today, and R400,000 seven years from today. | |||||||||||
| Estimate the total future value of of these cash flows at the end of year seven using a 17% interest rate. | |||||||||||
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