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 $ 30,000 each year in Years 2, 3, and 4.
Estimated benefits are $0 in Year 1 and $120,000 each year in Years 2, 3, and 4.
Use a 9 percent discount rate, and round the discount factors to two decimal places.
What is the discount factor in year 4? (Keep your answer in two decimal places. e.g. 0.75)

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 $ 30,000 each year in Years 2, 3, and 4.
Estimated benefits are $0 in Year 1 and $120,000 each year in Years 2, 3, and 4.
Use a 9 percent discount rate, and round the discount factors to two decimal places. 
What is the discount factor in year 4? (Keep your answer in two decimal places. e.g. 0.75)

Unlock all answers

Weekly leaderboard