2.You are considering an investment costing $300,000. If you want to recover the initial investment, and also earn 11% interest while your money is being tied up within four years, what is the required equal annual net revenue that must be generated from the investment? Ans. R= $96,697.91

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 5PB: Mason, Inc., is considering the purchase of a patent that has a cost of $85000 and an estimated...
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Good day! I need your help tutor please answer the question attached below. The answer is already provided, which means that will be your basis if your answers are correct or not.

Ps. In your solution, you identify the given and the what is being asked in the problem and I want to see the formula that you used and box your final answer. Don't give me a solution that is made in ms excel, I am not econ major so i'm asking for you to do the manual or the traditional computation.Lastly, don't give me a shortcut solution because i want to learn and study your computation :)

2.You are considering an investment costing $300,000. If you want to recover the initial investment, and also earn 11%
interest while your money is being tied up within four years, what is the required equal annual net revenue that must be
generated from the investment? Ans. R= $96,697.91
Transcribed Image Text:2.You are considering an investment costing $300,000. If you want to recover the initial investment, and also earn 11% interest while your money is being tied up within four years, what is the required equal annual net revenue that must be generated from the investment? Ans. R= $96,697.91
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