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A local bookstore is considering adding a coffee shop to their store. Building the coffee shop will cost $249,632.00 today. The bookstore is going to
A local bookstore is considering adding a coffee shop to their store. Building the coffee shop will cost $249,632.00 today. The bookstore is going to try this project for five years. The bookstore wants a 11.00% return on their investment. What yearly cash flow must this project generate to break-even? Submit Answer format: Currency: Round to: 2 decimal places.
A local bookstore is considering adding a coffee shop to their store. Building the coffee shop will cost $249,632.00 today. The bookstore is going to try this project for five years. The bookstore wants a 11.00% return on their investment. What yearly cash flow must this project generate to break-even?
Submit
Answer format: Currency: Round to: 2 decimal places.
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Thomas Calculus Early Transcendentals
Authors: Joel R Hass, Christopher E Heil, Maurice D Weir
13th Edition
9780321884077
