What is the value in year 10 of a $330 cash flow made in year 4 if interest rates are 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Value in year 10 $
You are considering a public works project that will result in net annual income to the city of $2.68M. The project will cost $25M to construct. Assuming APR=4%, how long does the project need to last to have a zero net cost?