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if anyone could do it with the right numbers only with an explanation. 1. Your company will generate $68,000 in annual revenue each year for
if anyone could do it with the right numbers only with an explanation.
1.
Your company will generate $68,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.5%, what is the present value of the savings? (Do not round intermediate calculations. Round the nal answer to 2 decimal places. Omit $ sign in your response.) Present value $ |:| Big Show's Pawn Shop charges an interest rate of 212% per month on loans to its customers. Like all lenders, Big Show must report an APR to consumers. What rate should the shop report? {Round the final answer to 1 decimal places} APR 96 What is the effective annual rate? (Do not round intermediate calculations. Round the nal answer to 2 decimal places.) EAR 96Step by Step Solution
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