Banerjee company expect to receive 200 at the end of each


Question - Banerjee Company expect to receive $200 at the end of each of next 5 years and an additional $1,000 at the end of the fifth year. Therefore, the total payment will be $2,000.

What is the NPV of the payments at an interest rate of 8%?

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Accounting Basics: Banerjee company expect to receive 200 at the end of each
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