What is the present value of an investment with the following cash flows? Year 1  $14,000 Year 2   $20, 000 Year 3    $30,000 Year 4.   $ 43,000 Year 5.   $ 57,000 Use a 7% discount rate, and round your answer to the nearest $1. a. $128, 487 b. $107, 328 c. $112, 346 d. $ 153, 272

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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What is the present value of an investment with the following cash flows? Year 1  $14,000 Year 2   $20, 000 Year 3    $30,000 Year 4.   $ 43,000 Year 5.   $ 57,000 Use a 7% discount rate, and round your answer to the nearest $1. a. $128, 487 b. $107, 328 c. $112, 346 d. $ 153, 272
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