Question
Juan and Evelyn invest $7000 now, and receive 4 yearly payments of $800, $1000, $1200, and $1000, plus $5,000 in the 4TH year. What is
Juan and Evelyn invest $7000 now, and receive 4 yearly payments of $800, $1000, $1200, and $1000, plus $5,000 in the 4TH year. What is their NPV if they use a 7% interest rate throughout?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
7th Canadian Edition
1259650650, 978-1259650659
