Question
A friend offers to sell you a machine that will generate $2,000 in additional revenue for your business over the next five years at a
A friend offers to sell you a machine that will generate $2,000 in additional revenue for your business over the next five years at a price of $8,000 today.
a. Assuming a discount rate of 6% (APR), should you purchase this machinery?
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
