aura’s grandparents helped her purchase a small business to make extra money during her five college years. For the net cash flows (NCF) listed, determine how long it took to pay back the $75,000 investment plus a 7% per year return. Year 0 1 2 3 4 5 NCF, $/year -75 -10.5 18.6 -2 28 105
aura’s grandparents helped her purchase a small business to make extra money during her five college years. For the net cash flows (NCF) listed, determine how long it took to pay back the $75,000 investment plus a 7% per year return. Year 0 1 2 3 4 5 NCF, $/year -75 -10.5 18.6 -2 28 105
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Laura’s grandparents helped her purchase a small business to make extra money during her five
college years. For the net cash flows (NCF) listed, determine how long it took to pay back the
$75,000 investment plus a 7% per year return.
Year 0 1 2 3 4 5
NCF, $/year -75 -10.5 18.6 -2 28 105
college years. For the net cash flows (NCF) listed, determine how long it took to pay back the
$75,000 investment plus a 7% per year return.
Year 0 1 2 3 4 5
NCF, $/year -75 -10.5 18.6 -2 28 105
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