Elijah Enterprises will need to upgrade the computer system in 10 years. They anticipate the upgrade to cost $99,000. If the discount rate is 10%, what will be the required yearly investment needed to obtain the money for the upgrade? Round your (1+R)^n value to 2 decimal places and use that number for your final amount required rounded to the nearest dollar. Future Value / (1+R)^n = Amount Required / = What would be required if the discount rate was 6%? Future Value / (1+R)^n = Amount Required / =
Elijah Enterprises will need to upgrade the computer system in 10 years. They anticipate the upgrade to cost $99,000. If the discount rate is 10%, what will be the required yearly investment needed to obtain the money for the upgrade? Round your (1+R)^n value to 2 decimal places and use that number for your final amount required rounded to the nearest dollar. Future Value / (1+R)^n = Amount Required / = What would be required if the discount rate was 6%? Future Value / (1+R)^n = Amount Required / =
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 5EB: A grocery store is considering the purchase of a new refrigeration unit with an Initial Investment...
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Elijah Enterprises will need to upgrade the computer system in 10 years. They anticipate the upgrade to cost $99,000. If the discount rate is 10%, what will be the required yearly investment needed to obtain the money for the upgrade?
Round your (1+R)^n value to 2 decimal places and use that number for your final amount required rounded to the nearest dollar.
What would be required if the discount rate was 6%?
Round your (1+R)^n value to 2 decimal places and use that number for your final amount required rounded to the nearest dollar.
/ | (1+R)^n | = | Amount Required | |
---|---|---|---|---|
/ | = |
What would be required if the discount rate was 6%?
Future Value | / | (1+R)^n | = | Amount Required |
---|---|---|---|---|
/ | = |
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