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Home Q & A Board Science-Related Homework Help Mathematics
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gewusel gewusel
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6 years ago
A company has the following net cash inflows. Today -$7000, Year 1 -$15 000, Year 2 -$9000, Year 3 + $12 000, Year 4 -$3000, Year 5 + $19 000. Compute the net present value if the required rate of return is 7.22% compounded annually.
A) -$4709.89
B) -$3000.00
C) -$7009.89
D) -$7409.89
E) $4709.89
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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Anonymous
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#2
5 months ago
Help! The answer is missing an explanation...
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#3
Educator
5 months ago Edited: 5 months ago, bio_man




-7944.88 / (1 + 0.0722) = -7409.88
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