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prpnum1 prpnum1
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A year ago
Acme Ltd. requires a return of 22% compounded annually on capital projects. They are considering a facility that will require an immediate expense of $200,000. Positive cash flows are projected, at the end of each of the next five years, as follows: $50,000, $60,000, $90,000, $70,000 and $50,00 0 respectively. Calculate the net present value of the project.

▸ -$24,615

▸ $24,615

▸ $11,318

▸ -$11,318

▸ -$19,043
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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apontea13apontea13
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A year ago
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prpnum1 Author
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A year ago
Just got PERFECT on my quiz
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Smart ... Thanks!
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Brilliant
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