4. Engineering company has a project and the project capital is 60000 RO. The interest compounded yearly from the project is 0.35 and the total project profits function in response of time (years)is P(t) = C(1+r)t C: capital of the project r: interest compounded yearly t: time in year After how many years the total project profits will be more than 1 million OR
4. Engineering company has a project and the project capital is 60000 RO. The interest compounded yearly from the project is 0.35 and the total project profits function in response of time (years)is P(t) = C(1+r)t C: capital of the project r: interest compounded yearly t: time in year After how many years the total project profits will be more than 1 million OR
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...
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