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Check Mark Co. has been working on an advanced payroll system. The software will be available soon. The company anticipates the first annual cash flow
Check Mark Co. has been working on an advanced payroll system. The software will be available soon. The company anticipates the first annual cash flow from the software to be $250,000, received 4 years from today. Subsequent cash flows will grow at 2%, indefinitely. The discount rate is 10%. Calculate the value of the expected future cash flows at the end of year 3. (Round to 2 decimals) Check Mark Co. has been working on an advanced payroll system. The software will be available soon. The company anticipates the first annual cash flow from the software to be $250,000, received 4 years from today. Subsequent cash flows will grow at 2%, indefinitely. The discount rate is 10%. Calculate the value of the expected future cash flows today. (Round to 2 decimals)
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