Solution-Draw cash flow for this scenario

Draw cash flow for this scenario

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Reference no: EM132886492

Question - Pakistan International Airways has recently conducted a survey on its services and revenues. The surveys show that there was constant revenue of $1,000,000 for the ?rst ten years since 2001 and it reduced with constant rate of $100,000 every year for next 10 years (i.e. 2021). PIA wants to calculate what cumulative sum would be equivalent to these revenues at the end of 2021 if the budget had an interest rate of 9.5% compounded annually. Draw cash flow for this scenario.

Reference no: EM132886492

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Draw cash flow for this scenario

Reference no: EM132886492

Reference no: EM132886492

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