HELP ME SOLVE PLEASE !!!! ASAP im stuck on these problems!!! ...
50.1K
Verified Solution
Link Copied!
Question
Accounting
HELP ME SOLVE PLEASE !!!! ASAP
im stuck on these problems!!!
If a business project will cost $1 million as an initial investment and will generate cash inflows of $250 thousand each year for the next 5 years before it ends. How long is the pay back period? Enter your answer as a number of years with two decimal places, like this: 90.12 1 point Assume a business project will cost $1.0314 million as an initial investment and will generate cash inflows for the next 7 years before it ends. The sum of the present values of the cash inflows is $7.1152 million. What is the net present value of the project? Enter your answer as a number in millions with four decimal places. For example, if your answer is $90,123,456, enter: 90.1234 You plan to deposit amounts as shown at the end of this year, and at the end of every year until five year from now, into a bank which will give you annual interest. The following table shows your deposits and timing. The interest rate is at the top of the table: What will be your bank balance at the end of the fifth year (i.e., what is the sum of the future values)? Enter your answer as a number with four decimal places but without the currency symbol, like this: 90.1234
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
