Approximately How Much Was Paid to Invest in a Project

question 74

Multiple Choice

Approximately how much was paid to invest in a project that has an economic break-even level of sales of $5 million,cash flows determined by .1 * sales - $300,000,a 6-year life,and an 8% discount rate?

• A) $416,667
• B) $924,575
• C) $1,016,678
• D) $2,311,450

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Simplified representations of complex economic processes, used to predict future economic events or understand economic dynamics through mathematical or computational simulations.

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A type of asset-backed security that is secured by a mortgage or collection of mortgages.

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Loans offered by financial institutions to individuals for the purchase of homes, typically secured by the property itself.

Economic Model

A simplified representation of economic processes, used to analyze and predict economic behaviors.