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Submitted 256 days ago...

Covet749

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Detailed steps to determine net present value

$300,000 initial outlay; cash flow year 1 - $70,000, year 2 - $150,000 and year 3 - $160,000 with a discount rate of 9%

I know the formula but the answer is off. Show me step by step so I can understand what I'm missing. Thanks.

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Detailed steps to determine net present value

$300,000 initial outlay; cash flow year 1 - $70,000, year 2 - $150,000 and year 3 - $160,000 with a discount rate of 9% I know the formula but the answer is off. Show me step by step so I can understand what I'm missing. Thanks.

$300,000 initial outlay; cash flow year 1 - $70,000, year 2 - $150,000 and year 3 - $160,000 with a discount rate of 9%

I know the formula but the answer is off. Show me step by step so I can understand what I'm missing. Thanks.