An investment project has the following characteristics: equipment cost $22,820 annual cash inflows $ 5,000 Internal rate

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An investment project has the following characteristics:


equipment cost	$22,820
annual cash inflows	$ 5,000
Internal rate of return	12%

What will be the useful life of the equipment ?

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jul 31, 2023 06:43 AM

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An investment project has the following characteristics: equipment cost $22,820 annual cash inflows $ 5,000 Internal rate

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Given Information P 5000 Initial Outlay22820 N ... View the full answer

Principles of Finance

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