An investment that costs 85000 will return 31000 per year


An investment that costs $85,000 will return $31,000 per year for 5 years. Determine the net present value of the investment if the required rate of return is 6 percent. (Ignore taxes.)

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Financial Accounting: An investment that costs 85000 will return 31000 per year
Reference No:- TGS01262259

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