we are about to make an investment that is going to generate a given cash...
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we are about to make an investment that is going to generate a given cash flow in the next 11 years annually at the end of each years. Similar investments offer 10.8% annual percentage rate. Assuming that we deposit this money at the end of each years, how much cash is generated by the project after 11 years, we are going to have $2478000? - I know that it is FVAN, please show me the steps and try to solve it without excel. thank you
- I know that it is FVAN, please show me the steps and try to solve it without excel.
thank you
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