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Home Q & A Board Science-Related Homework Help Mathematics
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Blittle5 Blittle5
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9 months ago
A contract is estimated to yield 48 quarterly net returns of $3000 beginning three months from now. To secure the contract, outlays of $40,000 now and $35,000 two years from now are required. What is the contract's net present value to a business whose cost of capital is 12% compounded quarterly?

▸ $800.12

▸ $35,800.12

▸ $10,444.80

▸ $8170.80

▸ $23,200.17
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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bryrdanbryrdan
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Anonymous
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4 months ago
Help! The answer is missing an explanation...
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#3
4 months ago
I hope the explanation helps!
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