Number of years to provide a given return In each of the following cases, determine the number of years that the given annual end-of-year cash flow must continue to provide the given rate of return on the given initial amount. Case Initial amount Annual cash flow Rate of return $ 1,000 $ 250 11% 150,000 30,000 15 80,000 10,000 10 600 275 9. 17,000 3,500 6. ABCDE

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LG 6
P5-60 Number of years to provide a given return In each of the following cases, determine
the number of years that the given annual end-of-year cash flow must continue to
provide the given rate of return on the given initial amount.
TTT
Case
Initial amount
Annual cash flow
Rate of return
A
$1,000
$ 250
11%
150,000
30,000
15
80,000
10,000
10
600
275
E
17,000
3,500
Transcribed Image Text:LG 6 P5-60 Number of years to provide a given return In each of the following cases, determine the number of years that the given annual end-of-year cash flow must continue to provide the given rate of return on the given initial amount. TTT Case Initial amount Annual cash flow Rate of return A $1,000 $ 250 11% 150,000 30,000 15 80,000 10,000 10 600 275 E 17,000 3,500
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