An investment has an installed cost of $531, 800. The cash flows over the four - year life of the investment are projectedto be $217,850, $234, 450, $201, 110, and $149, 820, respectively.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 28P
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An investment has an installed cost of $531, 800. The cash flows over the four - year life of the investment are projectedto be $217,850, $234, 450, $201, 110, and $149, 820, respectively. 

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