Question: Consider the project balances in the table below for a typical investment project with a service life of four years.( show formulas please) (a) Determine

Consider the project balances in the table below for a typical investment project with a service life of four years.( show formulas please)

(a) Determine the interest rate used in computing the project balances.

(b) Construct the original cash flows of the project.

n An Project Balance
0 ($9,000) ($9,000)
1 - -7,500
2 - -6,500
3 1,910 -5,500
4 - 0

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