Question
Solar Winds Inc. has a solar plant project that has an initial investment of $500,000, the estimated life of the project is 10 years. Market
Solar Winds Inc. has a solar plant project that has an initial investment of $500,000, the estimated life of the project is 10 years. Market expected rate of return is 9%.
Year | Annual Profits |
1 | 30,000 |
2 | 30,000 |
3 | 50,000 |
4 | 50,000 |
5 | 50,000 |
6 | 75,000 |
7 | 75,000 |
8 | 80,000 |
9 | 60,000 |
10 | 50,000 |
What is the present value of all the 10 cash inflows of this project?
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Business Writing For Hospitality
Authors: Peter Nyhiem, Vivienne J Wildes
1st Edition
0131715712, 9780131715714
