Question
You plan to invest $120,000 in a new business. The expected cash inflows for the first six years are given below. Calculate the NPV using
You plan to invest $120,000 in a new business. The expected cash inflows for the first six years are given below. Calculate the NPV using a discount rate of 8%. Also, find the IRR.
Year | Cash Inflow |
1 | $20,000 |
2 | $25,000 |
3 | $30,000 |
4 | $35,000 |
5 | $40,000 |
6 | $45,000 |
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Calculus
Authors: Ron Larson, Bruce H. Edwards
10th Edition
1285057090, 978-1285057095
