Considering two investments, one a software company and the other angineering company. The investments offer the following cash flow
yr invest 1 invest 2
1 5,000 15,000
2 3,000 8,000
3 4,000 9,000
4 3,600 11,000
If the approximate discount rate is 10%. WHat is the approximate present value of the Engineering Co.
13 years ago
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