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Please answer the question thank you! Company is evaluating a new website and they think it will increase sales. If they have the cash flows
Please answer the question thank you!
Company is evaluating a new website and they think it will increase sales. If they have the cash flows from below what rate of return could they provide when the web developer must be paid off after the last cash flow on 12/1/2021
July 2020 - Website developed - $40,000
August 2020 - Website Hosting Free - $1,500
November 2020 - First profits - $2,500
monthly profit increases by 1%
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