Question
2a) Financial Mathematics Practice Questions Annual sales revenue for your division was $2 million last year. Further, you expect that these revenues will grow indefinitely
Annual sales revenue for your division was $2 million last year. Further, you expect that these revenues will grow indefinitely at a rate of 10% p.a. What is the present value of sales if the appropriate interest rate is 12% p.a. compounded annually?
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MATLAB An Introduction With Applications
Authors: Amos Gilat
6th Edition
111938513X, 978-1119385134
