Answered step by step
Verified Expert Solution
Question
1 Approved Answer
My math is -12600+ 4150/(1.11)^1 + 4980/(1.11)^2 + 4310/(1.11)^3 + 2950/(1.11)^4 = 275.30 divided 275.31/-21600 and came to -.0218. I need tutoring help, please. Time
My math is
-12600+ 4150/(1.11)^1 + 4980/(1.11)^2 + 4310/(1.11)^3 + 2950/(1.11)^4 = 275.30
divided 275.31/-21600 and came to -.0218.
I need tutoring help, please.
Time Cash Flow year 0 is -12,600
Time Cash Flow year 1 is 4150
Time Cash Flow year 2 is 4980
Time Cash Flow year 3 is 4310
Time cash flow year 4 is 2950
Appropriate Cost of capital is 11 %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started