Project A requires an initial investment of $7,500 at t = 0. Project A has an expected life of 4 years with cash inflows of $5,000, $4,500, $900, $2,000 at the end of Years 1, 2, 3, and 4 respectively. The project has a required return of 15%. What is the equivalent annual annuity? Enter your answer rounded off to two decimal points.
Originally posted 2018-07-11 22:53:17. Republished by Blog Post Promoter