An orcharder spends $100,000 to plant pomegranate bushes. It will take four years for the bushes...
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An orcharder spends $100,000 to plant pomegranate bushes. It will take four years for the bushes to provide a usable crop. He estimates that every year for 30 years after that he will receive a crop worth $10,000 per year. If the discount rate is 7.5%, what is the net present value (NPV) of this investment? . An orcharder spends $100,000 to plant pomegranate bushes. It will take four years for the bushes to provide a usable crop. He estimates that every year for 30 years after that he will receive a crop worth $10,000 per year. If the discount rate is 7.5%, what is the net present value (NPV) of this investment? .
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To calculate the net present value NPV of the investment we need to find the present value of all th... View the full answer
Related Book For
Systems Analysis and Design
ISBN: 978-1305494602
11th Edition
Authors: Scott Tilley, Harry J. Rosenblatt
Posted Date:
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