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William is planning... rest of problem in attached picture, thanks! William is planning to make a 3-year investment. The cash flows associated with this investment
William is planning... rest of problem in attached picture, thanks!
William is planning to make a 3-year investment. The cash flows associated with this investment are: 114,795 an expense of dollars in year zero; an expense of 30,117 dollars in year 1; a receivable of 26,549 dollars in year 2: a receivable of 39,656 dollars in year 3. In addition, William expects to sell this investment for 351.270 dollars upon the last receivable. If the MARR (Minimum Acceptable Rate of Return) is 8% per year, compute the annual worth of this investmentStep by Step Solution
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