Question
You invested $100,000 in a project and received $40,000 at n=1, $40,000 at n=2 and 30,000 at n=3. You need to terminate the project at
You invested $100,000 in a project and received $40,000 at n=1, $40,000 at n=2 and 30,000 at n=3. You need to terminate the project at the end of year 3. Your interest rate is 10% what is the project balance at the time of termination?
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Analysis For Financial Management
Authors: Robert C. Higgins
12th International Edition
1260091910, 9781260091915
