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ECON 2560 (29)
Lecture

Chapter 5-7.docx

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Department
Economics
Course
ECON 2560
Professor
Nancy Bower
Semester
Summer

Description
Chapter 5The Time Value of Money Profits subtract depreciations Profits Ignore expenditures on net capitalProfits record incomeexpenses at time of sales not when cash changes occur Profits do not consider changes in net working capitalSingle Cash Flow PV Single Cash Flow Future Value Discount Factor 11rt Annuities cash flows equal amo
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