Determine five year equivalent annual annuity of project


Determine the five year equivalent annual annuity of the folowing project if the appropriate deiscount rate is 16% intial outflow $150,000

Cash flow Year 1 $ 40,000
Cash flow Year 2 $90,000
Cash flow Year 3 $ 60,000
Cash flow Year 4 $ 0
Cash flow Year $ 80,000

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Finance Basics: Determine five year equivalent annual annuity of project
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