An investment proposal calls for $425,000.77 payment now and a second $311,109.43 9 years from now. The
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An investment proposal calls for $425,000.77 payment now and a second $311,109.43 9 years from now. The investment is for a project with a perpetual life. The annual interest rate is 6%. What is the approximate equivalent uniform annual cost?
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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