The following cash inflows are predicted over the next five years: $16,000, $24,000, $32,000, $40,000 and...
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The following cash inflows are predicted over the next five years: $16,000, $24,000, $32,000, $40,000 and $48,000 at the end of years one, two, three, four, and five, respectively. Required Compute the total present value of the five cash flows at the beginning of year one, assuming annual compounding at a 4% interest rate. • Round final answer to the nearest whole dollar. • Do not use a negative sign with your answers. $ The following cash inflows are predicted over the next five years: $16,000, $24,000, $32,000, $40,000 and $48,000 at the end of years one, two, three, four, and five, respectively. Required Compute the total present value of the five cash flows at the beginning of year one, assuming annual compounding at a 4% interest rate. • Round final answer to the nearest whole dollar. • Do not use a negative sign with your answers. $
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Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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