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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 30,000.00 0.943396226 28,301.89 2 30,000.00 0.88999644 26,699.89 3 30,000.00 0.839619283 25,188.58 4 30,000.00 0.792093663 23,762.81 5 30,000.00 0.747258173 22,417.75 NET PRESENT VALUE = 126,370.91 Reference
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
