Number of years to provide a given return   In the information given in following​ case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount Initial amount ​$185,500 Annual cash flow ​$71,963 Rate of return 14​% ​The number of investment​ years, n​, is enter your response here years.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 4BE: Internal rate of return A project is estimated to cost 463,565 and provide annual net cash flows of...
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Number of years to provide a given return   In the information given in following​ case, determine the number of years that the given oridinary annuity cash flows must continue in order to provide the rate of return on the initial amount

Initial amount ​$185,500

Annual cash flow ​$71,963

Rate of return 14​%

​The number of investment​ years, n​, is enter your response here years. 

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