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You are planning to acquire a business today and sell it in 3 years. The cash flows associated with this investment are: 222404 an expense
You are planning to acquire a business today and sell it in 3 years. The cash flows associated with this investment are: 222404 an expense of dollars in year zero; an expense of 46250 dollars in year 1; a receivable of 20395 dollars in year 2; a receivable of 34294 dollars in year 3. In addition, you expect to sell the business for 318534 dollars upon the last receivable. If the MARR (Minimum Acceptable Rate of Return) is 9% per year, compute the annual worth of this investment
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