Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Nike decides to create a new fitness app that requires monthly subscription fees with the following scenario: Investment 7/1/2022; $15,000,000 Monthly web hosting fee starting
Nike decides to create a new fitness app that requires monthly subscription fees with the following scenario: Investment 7/1/2022; $15,000,000 Monthly web hosting fee starting 9/1/2022 of $25,000 Monthly Subscriptions launch 10/1/2022 and earn the company $200,000 in profit. The profit grows by 2% every month through 10/1/2024. They steady at that amount through 7/1/2027. What is the NPV of this project at a 12% MARR? NPV What is the Rate of return of this project? Nike decides to create a new fitness app that requires monthly subscription fees with the following scenario: Investment 7/1/2022; $15,000,000 Monthly web hosting fee starting 9/1/2022 of $25,000 Monthly Subscriptions launch 10/1/2022 and earn the company $200,000 in profit. The profit grows by 2% every month through 10/1/2024. They steady at that amount through 7/1/2027. What is the NPV of this project at a 12% MARR? NPV What is the Rate of return of this project
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started