Your company will generate ($55,000) in annual revenue each year for the next eight years from a

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Your company will generate \($55,000\) in annual revenue each year for the next eight years from a new information database. The computer system needed to set up the database costs \($250,000.\) If you can borrow the money to buy the computer system at 7.5 percent annual interest, can you afford the new system?

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Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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