Question
Pharoah, Inc., management expects the company to earn cash flows of $12,500, $15,900, $18,200, and $19,100 over the next four years. If the company uses
Pharoah, Inc., management expects the company to earn cash flows of $12,500, $15,900, $18,200, and $19,100 over the next four years. If the company uses an 9percent discount rate, what is the future value of these cash flows at the end of year 4?
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Elementary Statistics Using Excel
Authors: Mario F. Triola
7th Edition
0136921728, 978-0136921721
