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Instructions Make decisions that are best for your company. You use 10% to evaluate things unless told or it makes more sense to use a
Instructions Make decisions that are best for your company. You use 10% to evaluate things unless told or it makes more sense to use a different value. (Put your answer in this format: if its over $1M: 1,000,001. If its over $100,000 then 100,001. Etc. E.B., if your answer is $2,345,466.43 then you put "2,345,466" - no $ or decimals, e.g., $754,231.12 then you would enter 754,231.) 13. Question You have an engineer on contract and working in Cowabo, where inflation is high - roughly 11% per year. She wants to do an album of nothing but remixes of the song Pharaohs, as people in Cayabo love it. The productions costs will occur now and are $35K. Promotions and distribution will be $7K per year for 5 years, starting in year 1 but will increase by 12% per year thereafter (starting in year 6) for the next 8 years. Use a real interest rate of 15% per year and the entire 13 year timeframe, what is the PW of these costs
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