Assume a 8% required rate of return. What equal annual cash…
Assume a 8% required rate of return. What equal annual cash inflows over 6 years will create a net present value of $0 with an initial investment of $1,700,000? Selected information from the PV tables: PV of $1 n=8, i=6: 0.627 PV of $1 n=6, i=8: 0.630 PV of an Annuity n=8, i=6: 6.210 PV of an Annuity n=6, i=8: 4.623