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The interest rate for a capital project is unknown. An accountant has estimated that the minimum interest rate will between 2% and 5% within the
The interest rate for a capital project is unknown. An accountant has estimated that the minimum interest rate will between 2% and 5% within the next year. The accountant believes that any interest rate in this rant is equally likely. You are tasked with generating interest rates for a cash flow analysis of the project. Using the following sequence of (0,1) random numbers generate 3 independent interest rate values for this situation. (0.5548, 0.2839, 0.9559)
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