Find the present value of a project cash flow

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Question: Find the present value of a project cash flow that starts at EOY5 with a value of $5000 and increases each year thereafter by a value of $1000 per year. The expected life of the project is 30 years and the discount rate is 5%. (Hint: You will need to determine the present value at EOY4, and then discount the cash flow to year zero. This is called a shifted cash flow.)

Reference no: EM131974480

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