Elijah Enterprises will need to upgrade the computer system in 8 years. They anticipate the upgrade to cost $112,100. If the discount rate is 11%, what will be the required yearly investment needed to obtain the money for the upgrade? Round your (1+R)^n value to 2 decimal places and use that number for your final amount required rounded to the nearest dollar. Future Value / (1+R)^n = Amount Required / = What would be required if the discount rate was 9%? Future Value / (1+R)^n = Amount Required / =

Elijah Enterprises will need to upgrade the computer system in 8 years. They anticipate the upgrade to cost $112,100. If the discount rate is 11%, what will be the required yearly investment needed to obtain the money for the upgrade? Round your (1+R)^n value to 2 decimal places and use that number for your final amount required rounded to the nearest dollar. Future Value / (1+R)^n = Amount Required / = What would be required if the discount rate was 9%? Future Value / (1+R)^n = Amount Required / =

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 13EB: Conestoga Plumbing plans to invest in a new pump that is anticipated to provide annual savings for...

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Future Value	/	(1+R)^n	=	Amount Required
	/		=

Future Value	/	(1+R)^n	=	Amount Required
	/		=

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