Question Solved1 Answer What is the present worth of the project which requires $150,000 investment now and receives $40,000 every year for 7 years at an interest rate of 17%?

JZOLYH The Asker · Economics

What is the present worth of the project which requires $150,000 investment now and receives $40,000 every year for 7 years at an interest rate of 17%?

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Soln!s" Initial Investment "=$150,000sent value annuty{:[" present worth "=40","000 xx(" pVaf,17.10, "1" factor "],[" of "],[" Received amount "=40","000 ... See the full answer