An investment on a machinery can yield following cash flow for 8 years and in the end of the 8th year resale value will be 15,000 dollars. How much can be invested on this machinery at the present: time, considering the interest rate of 10% compounded annually. Please explain your work in detail. C-? 1-2000 -2000 -2000 -2000 1-1000 -1000 1-1000 -1000 L-$15,000 8. 1. 2. 3. 4. 5. 6. 7. I IncomoI: Sabage Value
An investment on a machinery can yield following cash flow for 8 years and in the end of the 8th year resale value will be 15,000 dollars. How much can be invested on this machinery at the present: time, considering the interest rate of 10% compounded annually. Please explain your work in detail. C-? 1-2000 -2000 -2000 -2000 1-1000 -1000 1-1000 -1000 L-$15,000 8. 1. 2. 3. 4. 5. 6. 7. I IncomoI: Sabage Value
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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