Manufactures portable multi gas detectors

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Reference no: EM131813871

1. The business plan for KnowIt, LLC, a start-up company that manufactures portable multi gas detectors, showed equivalent annual cash flows of $400,000 for the first 5 years. If the cash flow in year 1 was $310,000 and the constant increase thereafter was $50,000 per year, what interest rate was used in the calculation?

The interest rate used in the calculation was (%)

2) Consider the following factors.

1. (F/P,18%,33)

2. (A/G,14%,54)

Find the numerical values of the factors using linear interpolation.

The numerical value of factor 1 is ...

The numerical value of factor 2 is ..

Reference no: EM131813871

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