Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a project has an initial cost of $190,000 and is e

A project has an initial cost of $190,000 and is estimated to produce cash flows...

80.2K

Verified Solution

Question

Finance

image

A project has an initial cost of $190,000 and is estimated to produce cash flows of $X at the end of each year for 9 years. If the internal rate of return for the project is 21.8% p.a. effective, calculate X (to the nearest dollar). a. $49874 b. $723829 c. $52196 d. $48116

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

For the polynomial function y 3 4 5 2 1 5 match each of its...

Algebra
Q

The authors of the paper "Age and Violent Content Labels Make Video Games Forbidden Fruits for...

Basic Math
Q

A plane is maintaining a 270â—¦ heading at 37â—¦ N latitude, with an air speed of...

Physics
Q

Find a popular song and examine its lyrics using the pentad. What elements do the lyrics...

Psychology
Q

For your response, please address the following: Think about organizations that you are a member in....

Psychology
Q

Solve the differential equation by variation of parameters, subject to the initial conditions y(0) = 1, y'(0)...

Advance Math
Q

Eukaryotes share a all of their genes with archaea b all of their genes with...

Biology
Q

Two small charged spheres separated by a distance d exert a force F on each...

Physics
Q

66 1 4 and 1 0 For the following exercises write the equation of the...

Calculus
Q

Requlred: o. What is the labor rate variance for the month? b. What is the...

Accounting
Q

Which financial statement reports the long-term assets owned? Statement of Cash Flows Balance Sheet Income...

Accounting
Q

The major ethics guidance for accountants and auditors is the AICPA Code of Professional Conduc...

Accounting