Present value of cash flow
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Apox. Corp. expects to receive $2,000 per year for 10 yrs and then $3,500 per year for the next 10 years. What is the present value of this 20-yr cash flow at 11%? Please show the work. (Answer choices are $19,033; $27,870; and $32,389) So which is it?
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Apox. Corp. expects to receive $2,000 per year for 10 yrs and then $3,500 per year for the next 10 years. What is the present value of this 20-yr cash flow at 11%? Please show the work. (Answer choices are $19,033; $27,870; and $32,389) So which is it?
Note: PVIFA: Present Value of Interest Factor for an annuity
1 Annual Payments of $2000 for 10 ...
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The solution provides answers to questions on Present Value.
$2.49