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Please answer asap. 21. fWhat annual interest rate is required to accumulate $6,802.50 in four years from an investment of $5,000? (PV of $1, FV
Please answer asap.
21.
\fWhat annual interest rate is required to accumulate $6,802.50 in four years from an investment of $5,000? (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice O 5% O 12% O 10% O 15% O 8%Restating future cash flows in terms of present values and then determining the payback period using these present values is known as: Multiple Choice 0 Ac countlng rate of return method. Break-even time {BED Net present value method. Present value method. Internal rate of return method. 0000 .l-'i disadvantage of using the payback period to compare investment alternatives is that: Multiple Choice 0 It cannot be used to compare Investments with different initial Investments. It cannot be used If a company records depreciation. It includes the time value of money. It cannot be used when cash ows are not uniform. It lghores cash ows beyond the payback period. 0000Step by Step Solution
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