Question
You deposit 1000P into a 9% account today. At the end of two yrs, you will deposit another 3000P. In five years, you plan a
You deposit 1000P into a 9% account today. At the end of two yrs, you will deposit another 3000P. In five years, you plan a 4000P at the end of one year. Revenue of 150,000P will be generated at the end of years 1 and 2. What is the net present value of this business if the effective annual interest rate is 10%?
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Quantitative Methods for Business
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
13th edition
1285866312, 978-0357685648, 978-1285866314
