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shelbs6632
shelbs6632
30.06.2020 • 
Business

The Cambro Foundation, a nonprofit organization, is planning to invest $214,085 in a project that will last for three years. The project will produce net cash inflows as follows: Year 1 $ 67,000
Year 2 $ 80,000
Year 3 ?
determine the appropriate discount factor(s) using table.
Required:
Assuming that the project will yield exactly a 7% rate of return, what is the expected net cash inflow for Year 3? (Round discount factor(s) to 3 decimal places.)

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