The cash flow associated with restoring and maintaining a local museum is $250,000 now and...
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Accounting
The cash flow associated with restoring and maintaining a local museum is $250,000 now and $80,000 every 8 years forever. Determine its perpetual equivalent annual worth (in years 1 through infinity) at an interest rate of 15% per year.
**The answers presented below were calculated using the appropriate factors from interest tables including all their decimal places**
| -$54,849 | |
| -$43,328 | |
| -$117,500 | |
| -$24,040 |
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