SOLUTION: In five years, the company plans to undertake a major upgrade to its servers and other IT infrastructure. Management estimates that it will need up to $450,000 to cover all related
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Question 1136311: In five years, the company plans to undertake a major upgrade to its servers and other IT infrastructure. Management estimates that it will need up to $450,000 to cover all related costs; however, as a fairly young company, the goal is to pay for the upgrade with cash and not to take out loans. Right now, you have $300,000 in a bank account established for Capital Investments. This account pays 4% interest, compounded annually. A member of the finance department has approached you with an investment opportunity for the $300,000 that covers a five-year period and has the following projected after-tax cash flows:
Year 1 90,000 Year 2 115,000 Year 3 135,000, Year 4 110,000, Year 5 90,000
Answer by ikleyn(52754) (Show Source): You can put this solution on YOUR website!
.
Math problems, usually, are formulated by another way.
They first say what is given and then ask some question.
In your post, I see many words, but do not see a question.
Have a nice day . . .
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