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Show work please A start-up internet service provider expects to lose money in each of the first four years. Losses are projected to be $50
Show work please
A start-up internet service provider expects to lose money in each of the first four years. Losses are projected to be $50 million in year one, $40 million in year two, $30 million in year three and $5 million in year four. An interest rate of 10% per year is used. The present worth of the losses for all four years is nearest to: $104,244.000 $110,395,000 $101,054,000 $ 124,345,000Step by Step Solution
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