Calculate the amount of the year six cash inflow associated

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Horn Company is evaluating an investment project that has a 6-year life and produces the following cash inflows:

Years 1 - 4 ............. $20,000 (each year)
Year 5 .................. $30,000
Year 6 .................. ???????

The initial investment for this project is $96,838 and the net present value of this project was calculated to be $5,057 at a cost of capital of 3%.

Problem 1: Calculate the amount of the year 6 cash inflow associated with this investment project. Ignore the effects of income taxes.

Reference no: EM132796575

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