pt 1

pt 2

Trevor requires a rate of return on capital budgeting projects is 6% for his lawn care business. The company is considering an investment that would yield a cash flow of $505.75 per year for nine years. Ignoring taxes, what is the most that the company will be willing to invest in this project? Round your answers up to the nearest TEN dollar. E.g., 5859.97 is 5860. Enter your answers as amounts only with neither commas nor decimals. Time value of money calculators use the following buttons to perform the calculations involving time value of money problems: [N] [1/Y] (PV) (PMT) [FV] When calculating the PMTs for an investment, how many data inputs buttons will be required? 4 3 5 O2 0 1