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i need help on this please Sandhill Co. signs a contract to sell the use of its patented manufacturing technology to Indigo Corporation for 16
i need help on this please
Sandhill Co. signs a contract to sell the use of its patented manufacturing technology to Indigo Corporation for 16 years. The contract for this transaction stipulates that Indigo Corporation pays Sandhill $ 17,000 at the end of each year for the use of this technology Using a discount rate of 10%, what is the value in use of the patented manufacturing technology? (For calculation purposes, une decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, 4, 5,27525.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OE 1. Value in use $ 133003 Sandhill Company is considering investing in an annuity contract that will return $ 29,000 at the end of each year for 15 years. What amount should Sandhill Company pay for this investment if it earns a 8% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, es. 2.575.25.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Amount to be paid $ Step by Step Solution
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