XLS ci.columbia.edu
This example assumes an estimated cost of $70,000 for beginning a business, and income of $12,000, $15,000, $18,000, $21,000, and $26,000 in the five years that follow. Excel displays the result in the output cell. The result for this example is 8.66%, which indicates the expected return on the $70,000 initial investment after five years. ................
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