Question: HELP ME SOLVE PLEASE !!!! ASAP im stuck on these problems!!! If a business project will cost $1 million as an initial investment and will

HELP ME SOLVE PLEASE !!!! ASAP
im stuck on these problems!!!
HELP ME SOLVE PLEASE !!!! ASAP im stuck on these problems!!! If
a business project will cost $1 million as an initial investment and

If a business project will cost $1 million as an initial investment and will generate cash inflows of $250 thousand each year for the next 5 years before it ends. How long is the pay back period? Enter your answer as a number of years with two decimal places, like this: 90.12 1 point Assume a business project will cost $1.0314 million as an initial investment and will generate cash inflows for the next 7 years before it ends. The sum of the present values of the cash inflows is $7.1152 million. What is the net present value of the project? Enter your answer as a number in millions with four decimal places. For example, if your answer is $90,123,456, enter: 90.1234 You plan to deposit amounts as shown at the end of this year, and at the end of every year until five year from now, into a bank which will give you annual interest. The following table shows your deposits and timing. The interest rate is at the top of the table: What will be your bank balance at the end of the fifth year (i.e., what is the sum of the future values)? Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!