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samualson samualson
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5 years ago
Determine the five-year equivalent annual annuity of the following project if the appropriate discount rate is 16%.

Initial 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 5 = $80,000

A) $7,058
B) $8,520
C) $9,454
D) $9,872
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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5 years ago
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samualson Author
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5 years ago
Thanks for your help!!
erimis
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Yesterday
Helped a lot
KaylenePig
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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