CF to get out of debt to 500k FV
Hi
i've just taken over the family business to find that we are in -R140000 debt.
I'm developing a business plan, but to sell it to the other members of management i need to show what cash flows will be needed to attain an FV of R500,000 in 24 months.
My question is this:
What cash flows are needed to achieve an FV of 500,000 in 24 months. Investments/cash flow will receive 5%, and are received and compounded monthly. We are currently in R140,000 debt compounded monthly at 16%, so CFs will need to pay off the debt first.
Thank you very much!!
Last edited by dacgray; 06-05-2010 at 10:11 AM.
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