Question: Consider the project balances for a typical investment project with a service life of five years, as shown in Table P5.23. (a) Determine the interest

Consider the project balances for a typical investment project with a service life of five years, as shown in Table P5.23.
(a) Determine the interest rate used in the project balance calculation, and compute the present worth of this project at the computed interest rate.
(b) Construct the original cash flows of the project and the terminal balance, and fill in the blanks in Table P5.23.

Project Balance -$3,000 -2.700 1.500 $3,000 1470 -300

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