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must use excel Nike saves 5% of its profit every other year for future project investments in the company. Supposed Nike makes $3,000,000 in revenue
must use excel
Nike saves 5% of its profit every other year for future project investments in the company. Supposed Nike makes $3,000,000 in revenue and has $1,500,000 in costs every year for the next 5 years. How much money will Nike have to invest in a new project at 5% at the end of 5 years? The company makes this profit only in years 1, 3, and 5Step by Step Solution
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