The following cash inflows are predicted over the next five years: $16,000, $24,000, $32,000, $40,000 and $48,000 at the end of years one, two,
The following cash inflows are predicted over the next five years: $16,000, $24,000, $32,000, $40,000 and $48,000 at the end of years one, two, three, four, and five, respectively. Required Compute the total present value of the five cash flows at the beginning of year one, assuming annual compounding at a 4% interest rate. Round final answer to the nearest whole dollar. Do not use a negative sign with your answers. $
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Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
6th Edition
78025532, 978-0077523732, 77523733, 978-0078025532
