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Offered to purchase a business for 1 8 0 , 0 0 0 in 2 0 2 4 . The business has been showing steady

  Offered to purchase a business for 180,000 in 2024. The business has been showing steady net income growth of 5% annually for the last several years, the net income was 30,575 in 2023. Assuming that this trend will continue for another 10 years, sell the business after 10 years for 240,000. What is the NPV?

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