Answer:
year 3 cashflow: 23,212
Step-by-step explanation:
economic equivalent value of the investment: This means the investment will have a return of 5%. Si we must calculate which cahs flow makes the NPV equal to zero.

We should solve for "x"



x = 23,211.96268 = 23,212
The third cashflow will need to be of 23,212 to make the investment equivalent at 50,000 at 5% discount rate.