Question: please solve without excel 5.9 Consider the cash flows from an investment project. Year Cash Flows 0 ---$28.500 1 25,500 27.980 2 3 32,660 4
5.9 Consider the cash flows from an investment project. Year Cash Flows 0 ---$28.500 1 25,500 27.980 2 3 32,660 4 40.230 (a) Compute the net present worth of the project at i = 10%. (b) Plot the present worth as a function of the inter- est rate (from 0% to 30%)
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