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x Problem 5-17 (book/static) Consider the project balances in the table below for a typical investment project with a service life of four years. An
x Problem 5-17 (book/static) Consider the project balances in the table below for a typical investment project with a service life of four years. An - $10,000 AWNHOS Project Balance - $10,000 - 9,000 - 7,000 -6,000 100 1,840 (a) Determine the interest rate used in computing the project balance. The interest rate is 12 %. (Round to the nearest whole number.) (b) Reconstruct the original cash flows of the project. (Round to the nearest dollar.) A, - $10,000 Project Balance - $10,000 -9,000 - 7,000 -6,000 1,840 100
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