Additionally, it is important to note that factors such as location, quality of the building, and other amenities that may not be related to the student population can also have an influence on the monthly rent.

Pittsburgh Custom Products (PCP) purchased a new machine for ram-cambering large | beams, PCP expects to bend 50 beams at $3,000 per beam in each of the first 3 years, after which it expects to bend 100 beams per year at $2,800 per beam through year 11, If the company's minimum attractive rate of return is 15% per year, what is the present worth of the expected revenue? The present worth of the expected revenue is $