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Please show all work! Will rate and comment. 1. How much money can NIU afford to spend now on an energy management system if the
Please show all work! Will rate and comment.
1. How much money can NIU afford to spend now on an energy management system if the software will save the University $37,500 per year for the next 5 years? Use an interest rate of 8% per year. Draw the cash flow diagram. If the value of Bob's retirement portfolio increased from $250,000 to $1,274,000 over a 20 year period, with no additional deposits made over that period of time, what was his annual rate of return? 2Step by Step Solution
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