Question: Your company estimates that it must replace a facility 10 years from now, for an anticipated cost of $200 million. The company will annually

Your company estimates that it must replace a facility 10 years from now, for an anticipated cost of $200 million. The company will annually deposit funds into an investment that earns 9% interest, at the end of years one through four. Each deposit will be in equal amounts. Draw a cash flow diagram and calculate the amount that must be deposited for the equal deposits. (10 Points)

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Cash Flow Diagram Year 0 200000000 Year 1 x Year 2 x Year 3 x Year 4 x Year 10 452539457 Calculatio... View full answer

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