A company plans to finance a large project that will last 5 years. The company will borrow $480,000 now to finance the project. How much will the company have to receive in annual payments for 5 years, provided it will also receive a final lump sum payment after 10 years in the amount of $50,000. The MARR is 20% per year on this investment. Your Answer: Answer units
A company plans to finance a large project that will last 5 years. The company will borrow $480,000 now to finance the project. How much will the company have to receive in annual payments for 5 years, provided it will also receive a final lump sum payment after 10 years in the amount of $50,000. The MARR is 20% per year on this investment. Your Answer: Answer units
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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