Hypothetically, a business produces and sells sodas until the end of time. Every year, the business earns $50,000 and is growing by 2% each year.
Hypothetically, a business produces and sells sodas until the end of time. Every year, the business earns $50,000 and is growing by 2% each year. The owner would sell the business for at least $920,000. What interest rate is currently available?
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Authors: Byron Tully
1st Edition
1950118010, 978-1950118014
