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A new manuafacturer estimates the revenue of the first year to be $450,000. Thereafter, revenue is expected to decrease by $15,000 every year till the

A new manuafacturer estimates the revenue of the first year to be $450,000. Thereafter, revenue is expected to decrease by $15,000 every year till the end of the project life which is 10 years. At 10% interest rate, what is the future worth of this business? A. $2,421,885 B. $3,108,615 C. $6,282,367 D. $8,063,747

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Fundamentals of Corporate Finance

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