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Step 1: PLUG IN INTEREST RATE = 0.06 Step 2: PLUG IN THE CASH FLOWS BELOW: CASH FLOW PVIF FACTOR PV of the cash flows
Step 1: PLUG IN INTEREST RATE = 0.06 Step 2: PLUG IN THE CASH FLOWS BELOW: CASH FLOW PVIF FACTOR PV of the cash flows INITIAL INVESTMENT= 1 - 1 32,000.00 0.943396226 28,301.89 2 32,000.00 0.88999644 26,699.89 3 32,000.00 0.839619283 25,188.58 4 32,000.00 0.792093663 23,762.81 5 32,000.00 0.747258173 22,417.75 NET PRESENT VALUE = 126,370.91
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
