Question
Company B will generate $61,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate
Company B will generate $61,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 6.75 percent, what is the present value of the savings? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
| Present value | $
Please Explain |
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Entrepreneurial Finance
Authors: M. J. Alhabeeb
1st Edition
1118691512, 978-1118691519
