If the cash flow in year 1 was 320000 and the increase, Ask an Expert

Economics

The business plan for a start-up company that manufactures multigas portable detectors showed equivalent annual cash flows of $400,000 for the first 5 years. If the cash flow in year 1 was $320,000 and the increase thereafter was $50,000 per year, what interest rate was used in the calculation?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M938977

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