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You are considering starting a new business. You estimate that the business will generate a...

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Finance

You are considering starting a new business. You estimate that the business will generate a net revenue of $20,000 each year for five years and you will be able to sell the equipment at the end of five years for $10,000. Using an interest rate of 5% and discrete compounding, how much could you invest at year zero and break even over the five years? Draw a cash flow diagram. Please show me the work not in excel.

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