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Stacy and John lend small amounts to other students in need. Their yearly cashflows are shown below. Both of them can borrow or save from
Stacy and John lend small amounts to other students in need. Their yearly cashflows are shown below. | |||||||||||||||||||||||||||
Both of them can borrow or save from a bank on campus at an annual rate of 10.00%. | |||||||||||||||||||||||||||
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How much is the NPV (net present value) of Stacy's project? | |||||||||||||||||||||||||||
Enter your answer in the following format: + or - 123.45; Hint: Answer is between 255.01 and 306.01 |
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