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Advertising is expected to bring in an additional $ 1 7 5 0 / year for the next 5 years. Money can earn 6 %

Advertising is expected to bring in an additional $1750/year for the next 5 years. Money can earn 6% compounded quarterly. The cost of the advertising is equivalent to 53600 today. What is the NPV of the advertising? TIP: Be careful with your i value.

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