Given the cash flow table below, determine the unknown, using the concept of equivalence, if the...
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Given the cash flow table below, determine the unknown, using the concept of equivalence, if the interest rate is 12% compounded yearly. Assume the NPV (net present value) of the cash flows = 0. Year Cash Flow 0 $(5,000.00) 1 X 2 $ 2,800.00 3 $3,000.00 -$845 $708 -$5,600 $2,391 Given the cash flow table below, determine the unknown, using the concept of equivalence, if the interest rate is 12% compounded yearly. Assume the NPV (net present value) of the cash flows = 0. Year Cash Flow 0 $(5,000.00) 1 X 2 $ 2,800.00 3 $3,000.00 -$845 $708 -$5,600 $2,391
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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