What is the discounted factor in year three

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Question - Perform a financial analysis for a project. Assume that the projected costs and benefits for this project are spread over four years as follows:

Estimated costs are $300,000 in Year 1 and $ 60,000 each year in Years 2, 3, and 4.

Estimated benefits are $0 in Year 1 and $150,000 each year in Years 2, 3, and 4.

Use a 7 percent discount rate, and round the discount factors to two decimal places.

What is the discounted factor in year 3?

Reference no: EM133013020

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