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Category > Business & Finance Posted 20 Jun 2017 My Price 5.00

A mechanical consulting company is examining its cash flow requirements for the next 6 years

10.14    A mechanical consulting company is examining its cash flow requirements for the next 6 years. The company expects to replace office machines and computer equipment at various times over the 6-year planning period. Specifically, the company expects to spend $6000 two years from now,

$9000 three years from now, and $5000 six years from now. What is the buying power (with respect to today’s dollars) of each expenditure in its re- spective year, if the inflation rate over the 6-year period is 4% per year?

 

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Alpha Geek
(8)
Status NEW Posted 20 Jun 2017 10:06 AM My Price 5.00

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Attachments

file 1497955372-1488878_1_636334454615206205_Buying-Power.xlsx preview (129 words )
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