points A project reguires an investment of $1,000,000 at year zero, It will pay $100.000 per vear forever. What is the present worth of this project The interest rate is 15% per year. 6aPW-$1,333,333 13P3-$2,333,333 OcPW-$1,666,667 Od PW1333.333
points A project reguires an investment of $1,000,000 at year zero, It will pay $100.000 per vear forever. What is the present worth of this project The interest rate is 15% per year. 6aPW-$1,333,333 13P3-$2,333,333 OcPW-$1,666,667 Od PW1333.333
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A project requires an investment of $1,000,000 at year zero, It will pay $100,000 per year forever. What is the present worth of this project? The interest rate is 15% per year
Da PW$1,333,333
1 PW 52,333,333
Oc PW-$1,666,667
Od PWS1.333,333](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffe5b2d1f-f227-4e77-9d92-410297b0216f%2F375002f2-8c05-4928-bd9b-f659b4d603d2%2F0zprwt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:points
A project requires an investment of $1,000,000 at year zero, It will pay $100,000 per year forever. What is the present worth of this project? The interest rate is 15% per year
Da PW$1,333,333
1 PW 52,333,333
Oc PW-$1,666,667
Od PWS1.333,333
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